The tide of orders for very large container ships has gradually stopped
It is reported that although the container shipping industry may face an overcapacity problem in the next two years, there are signs that the market demand in 2016 may catch up with the expected level of capacity. At present, the tide of container ship orders has almost stopped, and European freight demand has begun to increase, which is the main component of the demand for very large container ships. At present, the proportion of container ship hand-held orders in the current fleet has fallen below 20%, and a few years ago this number was close to 50%.
According to Platou's data, in June this year, global shipowners ordered only 3 container ships with a capacity of less than 3000TEU. In the first half of 2014, there were 74 new container ship orders, of which 33 ships had a capacity of more than 10,000 TEU, accounting for more than two-thirds of the total capacity of 620,000 TEU. Order growth rate is much lower than the average level in recent years. In 2013, a total of 247 container ships were ordered with a total capacity of 1.97 million TEU. In 2012, a total of 240 ships were ordered with a total capacity of 1.9 million TEU.
The above-mentioned change in order volume seems to be related to the rise and fall of the P3 alliance. The establishment of the P3 Alliance has brought a large number of orders for ultra-large container ships, with a capacity of 13,000TEU to 18000TEU. At the beginning of this year, as the container shipping industry began to wait for the approval results of the P3 alliance, the order wave also gradually stopped.
According to the statistics of the international shipping network, in January this year, the order volume of container ships reached 25, and since then, the order volume has continued to decrease. Following China's suspension of the P3 alliance, growth in container ship orders has almost stalled. In June, the number of handheld orders reached 451, with a total of 3.45 million TEU. Among them, 141 ships were delivered in the second half of this year with a total of 8900000 TEUs; 207 ships were delivered in 2015 with a total of 1.76 million TEUs; 103 ships were delivered in 2016 with a total of 800,000 TEUs.