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Slow-ceiling
Slow steaming in the containership sector could be approaching its maximum limitations given the weight of newbuildings entering the market, DVB says.
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Found an interesting story?
Slow-ceiling
Slow steaming in the containership sector could be approaching its maximum limitations given the weight of newbuildings entering the market, DVB says.
With the global average speed of ships in the sector now down at just over 14 knots the bank says there is "little room for extra slow steaming to absorb additional capacity”.
In a report into the health of the post-panamax sector DVB is also concerned about what toll slow steaming is having on modern vessels in the existing fleet.
It explains vessels ordered in the boom years and delivered in 2010 and 2011 have largely seen charters hold despite delays in their arrival.
“Assuming that
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