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BIMCO: Charter owners’ share of fleet has fallen to 40%

BIMCO: Charter owners’ share of fleet has fallen to 40%

by Mariska Buitendijk | Jun 7, 2024 | News, Shipping

The charter owners’ container fleet is not growing as fast as the operator owners’ fleet. At forty per cent, the charter owners’ share of the fleet is now at its lowest point since 2002, according to BIMCO in its latest Shipping number of the week....
Container ship deliveries hit new YTD record of 1m TEU

Container ship deliveries hit new YTD record of 1m TEU

by Mariska Buitendijk | May 13, 2024 | News, Shipbuilding, Shipping

‘Year-to-date (YTD) another record has been set as more than 1 million TEU has already been delivered during the first four months of the year, an increase of nearly eighty per cent compared to the previous record,’ says Niels Rasmussen, chief shipping...
‘Pandemic slashed 24.6M TEU from container market’

‘Pandemic slashed 24.6M TEU from container market’

by Mariska Buitendijk | Apr 19, 2024 | News, Shipping

‘Due to the COVID-19 pandemic, the global container market grew only 1.5 per cent from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023,’ says...
BIMCO: Demand shocks slash ship recycling

BIMCO: Demand shocks slash ship recycling

by Mariska Buitendijk | Apr 5, 2024 | News, Ship recycling

‘Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in twenty years. A combination of strong demand following a series of market shocks and low order books have kept older ships operating for...
Container ship deliveries hit new YTD record of 1m TEU

13% of seaborne trade under attack from Houthis and Somali pirates

by Mariska Buitendijk | Mar 21, 2024 | News, Piracy, Shipping

Since November 2023, the threat to shipping has increased as the Houthis started attacking ships in the Red Sea and the Gulf of Aden. Simultaneously, piracy activity off the East coast of Somalia has risen. In 2023, thirteen per cent of seaborne trade transited these...
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