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Indiaexportnews.com

World fleet of idle vessels reached its lowest level since October 2011

  23.08.2013    

The global idle containership fleet, bigger than 500 TEU, has reached its lowest level since October 2011, according to Alphaliner.
The idle fleet stood at 182 units, aggregating to 387,000 TEU and representing 2.3 per cent of the total number of containerships.
It said that the main group of vessels without employment would be those below 5,000 TEU.
It highlights that four 3,494 TEU Cosco ships built in 1993 and 1994 have been sold for scrap in the absence of regular employment. Two of them, the Empress Heaven and the Empress Phoenix, have been idle since December while the other two, the Empress Sea and Empress Dragon, were swinging between periods of employment and idleness.
Meanwhile, the number of idle postpanamax vessels has dropped to four and include two sister ships of the 7,041-TEU MOL Comfort that sank in the India Ocean in June after its hull broke in two and a fire broke out on board.
The two ships, the MOL Charisma and MOL Competence, have been laid up while the work to reinforce their hulls is being carried out their shipbuilder Mitsubishi Heavy Industries' dockyards in Japan. The work is expected to be completed between the end of September and the beginning of October, and thereafter they will return to service on the Asia-Europe tradelane.



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