NEWS: The Loadstar - Major Box Lines Fight Over Diminishing Supply of Smaller Ships

The Loadstar

 

Large carriers are fighting over a diminishing pool of second-hand box ships, with the latest Alphaliner research pointing to no orders, but abundant acquisitions in the 700-999 teu feeder-size range.

Alphaliner found major carriers were acquiring vessels second-hand from non-operating owners: 675 over the past three years.

Particularly hungry for feeder tonnage is MSC, which has snapped up an unprecedented 306 vessels so far this year; 20 in the 700-999 teu range. But the supply of feeders is dwindling, thanks to an unwillingness by owners to invest in smaller vessels.

Read more here. . . Major Box Lines Fight Over Diminishing Supply of Smaller Ships