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You are here: Home Archive 2009 October Weekly Edition 8th of October 2009 Recovery for ships under 3,000 teu to start by 2012

Recovery for ships under 3,000 teu to start by 2012

by Patrick Hagen, Germany last modified Oct 08, 2009 03:10 PM

MARKET conditions for boxships below 3,000 teu will improve faster than for larger vessels, a recent study by Bremen-based research institute ISL has found. Relatively few smaller ships have been ordered.

In addition, scrapping potential is high in this segment, Burkhard Lemper of ISL said. As a result, smaller ships should recover faster than the larger sizes.
The total container market will not reach a balance between supply and demand...

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