With the global average speed of ships in thesector now down at just over 14 knots the bank says there is "littleroom for extra slow steaming to absorb additional capacity”.
In a report into the health of thepost-panamax sector DVB is also concerned about what toll slow steaming ishaving on modern vessels in the existing fleet.
It explains vessels ordered inthe boom years and delivered in 2010 and 2011 have largely seen charters holddespite delays in their arrival.
