20/20 'Mega' Vision
Rumour has it the Asia-North Europe trade will be almost entirely operated by ultra-large container vessels (ULCVs) during the course of the next three years, with the downside being that it will leave shippers with significantly fewer sailings each week as the ULCV era looks to tighten it’s grip.
That’s according to new research from SeaIntel, advising there will be 90 vessels of 14,000 TEU-plus delivered to carriers over the next three years, which basically means that by 2020, this size of vessel will account for 88% of the ships operating between Asia and Europe.
Moreover, if all the new builds are delivered according to schedule, by then 125 vessels on the Asia-North Europe trade would be 18,000 TEU and above. Ultimately this means that if demand were to remain at current levels, the delivery schedule would mean that the trade’s entire needs could be covered by just 15 weekly services deploying 165 vessels across the three main deep sea alliances.
Rest assured we’ll keep you posted as soon as we have any further news or information on this subject.