1.700 TEU vessels "sold out"

(24.11.2017) The New ConTex remains stable now reported with 400 points means no changes compared to last week. The tonnage demand remains in majority of our reported segments high and some areas are even empty of tonnage like 1700 teu.

Only one position is left in the Caribs / Mediterranean Sea and Continent area are “sold out”. The comparison on Year – on – Year shows still positive figures between 8,2% growth (only) on the 1100 teu design and  80% on the 4250 TEU design.

It is worth to mention that the containership fleet has reached a new high of 21 Mteu in November, but the pace of growth has slowed in the last two years The slowdown was mainly due to increased scrapping activity in late 2016.

Although the year-on-year growth in total containership capacity is only 3.5%, the growth rate of the active fleet reaches 1 Mteu (9%) after taking into account the substantial reduction of the unemployed (idle) capacity.