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  • Absorption of global fleet due to delays (statistics: Sea-Intelligence).

08.10.2021

Artikel Nummer: 38028

Delays eating up capacity


On the basis of its global liner performance (GLP) and trade capacity outlook (TCO) databases, the Copenhagen-headquartered maritime consultancy Sea-Intelligence has measured the impact that congestion and vessel delays have had on the global deployed liner capacity.

 

At the previous height in February 2021, about 11.3% of global capacity was absorbed by delays. After a drop to 8.8% in April, the figures went up strongly over the following months. 12.5% of the global capacity - in other words, a full 3.1 million teu of nominal vessel capacity - was unavailable in August due to delays. 

 

CEO Alan Murphy drew a parallel to the impact of the Hanjin insolvency in 2016, which "removed only 3.5% of the global capacity, and that too for only a short time, until the vessels came fully back into circulation with new owners or charterers. The current situation is therefore akin to a scenario of 3½ Hanjins all going bankrupt at the same time – with no immediate outlook for the vessels getting back at sea" in due course. Murphy expects a return to normality not before the end of 2022. (cd)

www.sea-intelligence.com

 

 

 

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