Chile Cargo

According to Alphaliner, the idle containership fleet fell further in the last two weeks as strong demand continues to absorb available capacity in the market. The idle fleet as at 5 July stood at 174 vessels for 340,000 TEU compared to 192 vessels for 380,000 TEU recorded a fortnight ago. This represents 2.5% of the total fleet, the lowest idling percentage recorded since December 2008.The carrier-operated idle fleet has now dropped to only 44 ships for 120,000 TEU. At its peak in March last year, it stood at more than 240 ships for over 1 million TEU. The non-operating owner idle fleet currently stands at 130 ships for 219,000 TEU, with the majority of these units in the 1,000-2,000 TEU size range.The drop in the idle fleet comes amidst a record number of new vessel deliveries made in the second quarter. During the April-Jun period, 88 new vessels with a total capacity of 440,000 TEU were delivered. This is the highest level of quarterly deliveries ever recorded.

Source: Motorship