📣 Carriers have been increasingly relying on vessel ownership to expand their fleets of container vessels in the last few years, at the expense of chartering. Piles of cash accumulated during the Covid bonanza years have given #shipping lines the firepower to buy more vessels for their own account. 📌 This comes at a time when many traditional non-operating owners (NOOs), especially from #Germany, have been in retreat mode, preferring to sell their #ships rather than embark on significant new projects to renew their #fleets. 👉 MSC has been the most striking example of a carrier favouring vessel ownership at the expense of chartering. In the last four years, the shipping line has embarked on a huge #vessel acquisition spree, including 88 newbuildings and a mind-blowing 355 secondhand vessels. While the Geneva-based #carrier had over 60% of its fleet on charter ten years ago, the same figure now applies to owned #tonnage with the number of vessels on charter having fallen to around 36% only based on Alphaliner #data. 📑 Subscribe to Alphaliner Weekly Newsletter https://bit.ly/2Na5HOA #vessels #liner #containershipping #chartering #maritime #shipping #noo #shipowner
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📣 Non-operating owners’ fleet: more ship additions than deletions 📣 👉 The fleets of NOOs in the small and medium sizes (700-9,000 TEU) have seen more #vessel additions than deletions in the past 10 months. This evolution reverses a trend of continued decline for the NOO #fleet, which started in August 2020 when #carriers, led by MSC, started raiding the second-hand boxship market. Since Alphaliner’s last review of the NOO fleet in May 2023, 86 new ships for a total capacity of 342,000 TEU have joined the stables of #tonnage providers in the 700-9,000 TEU sizes. Among them were 28 units of 1,500-1,999 TEU and 27 ships of 5,300-7,499 TEU. There were also 15 #ships of 2,700-2,900 TEU. These three families of energy-efficient ships are firmly becoming among the most popular in the #charter market. Against this, 80 #vessels for 238,800 TEU left the #NOO fleet in the last ten months, for most part sold to end users. ❗ Get advanced industry insights by subscribing to #Alphaliner Weekly Newsletter here https://bit.ly/2Na5HOA #containershipping #maritime #newsletter #data #shipping #liners
Shipping Newsletters by Alphaliner
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📣 Following a strong 19.7% fleet growth over the past twelve months, Geneva based MSC has strengthened its position as the #liner operator with the highest capacity for transporting temperature-controlled containers. The carrier’s 815 #vessels (as of 29 March) are fitted with a combined total of 583,700 reefer plugs, which represents a year-on-year increase for the line of 17.6%. 📌 Only Ocean Network Express (ONE) recorded a bigger growth in the number of reefer plugs, at +23.1%. The Japanese-owned carrier grew its overall fleet by 17.5%. Meanwhile, HMM is the only carrier with less reefer capacity than a year ago (-1.3%), as the line reduced its overall fleet capacity by 2.4%. 👉 The ranking of top-10 #carriers by reefer plugs generally follows the ranking by total #fleet capacity. The one exception is ZIM, which occupies eighth place in our reefer top-10, while standing at number ten in total ranking. Its 130 vessels feature almost 77,700 reefer plugs, or 22.2% of its overall fleet. ❗ Get advanced industry insights by subscribing to #Alphaliner Weekly Newsletter here https://bit.ly/2Na5HOA #containershipping #maritime #newsletter #data #shipping #liners #operators
Reefer capacity on the rise as overall liner fleet keeps growing 📈
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We provide coverage strategies to optimize transportation costs by analyzing and deciding on vessel sizes suitable for the volume and distribution of trade. We also provide advice on current and future trade patterns to help cargo owners make deployment and chartering decisions. For more information on our fleet & coverage strategy services click on the link: https://lnkd.in/d9iU6P_v #CargoOwners #CharteringStrategies #CommercialIssues #FleetandCargoCoverageStrategy #MaritimeBusiness #MaritimePolicies #OilProducer #OilTankers #PotentialChartering #StrategicBusinessAdvisory #TradeDevelopment #VesselSizes #RichardsonLawrieAssociates #WadeMaritimeGroup #RLAServices #RichardsonLawrieAssociates
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🛳️ In the news: The month of April set a new record for box ship deliveries as newbuildings continue to flood into the market. April 2024 saw some 50 newbuilds delivered with what analyst Alphaliner described as a whopping 330,000 teu in capacity. To put that number in perspective its higher than the entire capacity operated by the world’s 12th largest container Pacific International Lines, and equivalent to a 1.1% share of the entire global market today. 📰 Find out more on Seatrade Maritime News: https://lnkd.in/efJke5xG #IntermodalEvents #Shipping #Container #Trade
Container ship capacity delivered in April 1.1% of current global fleet
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The global container shipping industry is witnessing an unprecedented wave of new vessel deliveries emanating from Asian shipyards, signaling a remarkable surge in capacity. Despite initial apprehensions of potential overcapacity, liner executives are buoyed by the market's ability to absorb this influx, driving confidence in favorable financial outcomes for the foreseeable future. This surge, highlighted by record-breaking numbers in March and April, has reshaped the industry landscape, prompting analysts to reevaluate earlier predictions. Factors such as vessel diversions and environmental regulations have played pivotal roles in sustaining demand and mitigating concerns. As the industry braces for further expansion, this article delves into the recent trends, challenges, and prospects shaping the container shipping sector's trajectory. Read more here: https://lnkd.in/eTwFm8i2 #Contra #ContraConsolidations #ContainerShipping #GlobalTrade #NewVesselDeliveries #CapacitySurge #ShippingNews #TradeRoutes #EconomicOutlook #UpdwardTrajectory #SupplyChain #IndustryInsights #Logistics
11,100 new slots a day: April smashes records for liner deliveries - Splash247
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We provide coverage strategies to optimize transportation costs by analysing and deciding on vessel sizes suitable for the volume and distribution of trade, as well as providing advice on current and future trade patterns to help cargo owners make deployment and chartering decisions. For more information on our fleet & coverage strategy services click on the link: https://lnkd.in/d9iU6P_v #MaritimeIndustry #StrategicBusinessAdvisory #FleetandCargoCoverageStratergy #complexecosystem #maritimepolicies #potentialchartering #cargoowners #vesselsize #marketconditions #maritimebusiness #charteringstrategies #oilproducer #oiltankers #tradedevelopment #commercialissues #vesseldesign #SmartCharteringDecisions #EfficientLogistics #TransportationStrategies #CargoManagement #TradeInsights #SmartShipping #CargoAdvisory
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🚢 Navigating Container Shipping Challenges: Insights from Dynamar Analyst, Darron Wadey In a recent article by Seatrade Maritime News, Darron Wadey provides a comprehensive analysis of ZIM's approach in a market fraught with uncertainties. 🔗 Dive into the full article here to discover the comprehensive insights. #ContainerShipping #IndustryInsights #Dynamar #ShippingAnalysis #Seatrade #zim https://lnkd.in/eMZxTNXu
ZIM seeks container rate catalyst to achieve positive returns
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We provide coverage strategies to optimize transportation costs by analyzing and deciding on vessel sizes suitable for the volume and distribution of trade, as well as providing advice on current and future trade patterns to help cargo owners make deployment and chartering decisions. For more information on our fleet & coverage strategy services click on the link: https://lnkd.in/d9iU6P_v #CargoOwners #CharteringStrategies #CommercialIssues #ComplexEcosystem #FleetandCargoCoverageStrategy #MaritimeBusiness #MaritimePolicies #MarketConditions #OilProducer #OilTankers #PotentialChartering #StrategicBusinessAdvisory #TradeDevelopment #VesselDesign #VesselSize #VesselSizes #RichardsonLawrieAssociates #WadeMaritimeGroup #RLAServices
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We provide coverage strategies to optimize transportation costs by analyzing and deciding on vessel sizes suitable for the volume and distribution of trade, as well as providing advice on current and future trade patterns to help cargo owners make deployment and chartering decisions. For more information on our fleet & coverage strategy services click on the link: https://lnkd.in/d9iU6P_v #CargoOwners #CharteringStrategies #CommercialIssues #ComplexEcosystem #FleetandCargoCoverageStrategy #MaritimeBusiness #MaritimePolicies #MarketConditions #OilProducer #OilTankers #PotentialChartering #StrategicBusinessAdvisory #TradeDevelopment #VesselDesign #VesselSize #VesselSizes #RichardsonLawrieAssociates #WadeMaritimeGroup #RLAServices
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Empty container moves soar Read more https://lnkd.in/dS9fNDJV #maritime #operationphakisa #oceaneconomy #marineindustry #marine Splash Maritime and Offshore News (splash247.com)
Empty container moves soar - Splash247
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