Jan 5, 2011

Super-Size Ships Challenge Capacity Balance, Report Says



Ship owners and operators are betting their future profitability on super-sized container ships and must delay deliveries of additional vessels to avoid overcapacity and plunging rates,a European shipping bank warns in a research report.
Super-post-Panamax container ships -- vessels with capacities of at least 8,000 20-foot equivalent units - "are becoming the backbone of the operating fleet of the top tier global liners," said the report by DVB Bank, based in Rotterdam and listed on the Frankfurt Stock Exchange.
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Source: Journal of Commerce

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