Conference hears super slow steaming poses threat to container fleet growth

SUPER slow steaming is not only underpinning a nascent recovery in containership charter rates, but is set to effectively absorb as much as 350,000 teu from global fleet capacity this year.

Analysis by London broker Howe Robinson shows that cutting ship speeds from around 24 knots during market highs two years ago, to as low as 12-14 knots in some cases, could curb fleet growth to 2.7% this year.
Without slow...

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