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Containerships are growing larger

Worldwide Containership Fleet (1) Мarch, 2015 (1) In thousands 400 Size ranges Containerships grow large 18,000 - 20,000 Existing fleet 13,300 - 17,999 Existing TEU's Over the years, containerships grew large to take advantage of economies of scale and reduce operating expenses. Orderbook Orderbook 10,000 - 13,300 7,500 - 9,999 5,100 - 7,499 Panamax class is 4,000 - 5,099 losing steam 3,000 - 3,999 As more owners switch to larger containerships, Panamax ships - 3,000 to 5,099 size range - slowly lose market share. 2,000 - 2,999 1,500 - 1,999 “Too big to be fully utilized in short haul and too small to 1,000 - 1,499 compete in long haul trades." (2) 500 - 999 (1) March, 2015 alphaliner cellular fleet report. (2) http://www.joc.com/maritime-news/international-freight-shipping/panamax-ship-scrapping-not-enough-reset-capacity-balance_20140225.html

Containerships are growing larger

shared by comparableweb on Feb 22
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As more owners switch to larger containerships, Panamax ships - 3,000 to 5,099 size range - slowly lose market share. “Too big to be fully utilized in short haul and too small to compete in long...

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