Evermore Slow Steaming

By Peter Pospiech at November 05, 2013 08:00
Filed Under: General, Ports
Container Shipping Companies reduce capacity by 7.4 % - longer port laytimes also helps Along with longer port laytimes and evermore lower voyage speeds container shipping companies reducing continuously the transport capacities. In order to tone down, to increase the round-trip time and to lift the rate level vessels reduce their speed. Since beginning of 2009 a total of 1.27 million TEU capacities have been taken off the market, says the actual market report of the branch service Alphaliner. During the last twelve months alone it has been 260 000 TEU. A further instrument played an important role: shipping owner extended their port laytime, inter alia because the meanwhile larger vessels need more clearance times. Together with the longer round-trip times it was possible to absorb 7.4 % of the existing fleet. According to Alphaliner it has been 6.2 % last year.  Speed will be reduced evermore. After Slow Steaming with speeds around 18 knots came Extra Slow Steaming and Super Slo... [More]

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