Page 54: of Maritime Reporter Magazine (March 2018)

world yearbook

Container Shipping

Statistics & Analysis Courtesy of VesselsValue.com

Rates for large containerships remain traditional sources of ? nance is unlikely negatively impact the ef? ciencies of a well below the desired levels of carriers, to change in the short run. It remains to be global supply chain, and in turn contain- but market participants are acting. The seen if there is a signi? cant change in rate erized volumes. consolidation of commercial control by structures because of the ongoing shift in Smaller ships have seen a modest re- alliances should encourage a stronger control of ships to Asian ownerships. covery after a spate of scrapping in 2017, market despite the ongoing overcapac- Protectionism remains a concern for but it is certainly not a windfall envi- ity in the market on the primary trades. the container ship industry. There have ronment for cash strapped owners.

Newbuild orders for ULCVs continue to been few substantive barriers thrown up Sub-panamax will continue to be placed as owners vie for larger market to trade because of waves of populism see a baseline of employment share, which could disrupt the efforts at sweeping certain economies. However, due to port restrictions lim- rate stabilization. trade wars can escalate quickly and tar- iting the size of ships

China retains its position as the top own- iffs on bulk commodities have started al- which can call at cer- er by value in the containership markets. ready. This could ? lter down into manu- tain terminals.

The lack of interest in shipping seen from factured goods as well, where it would © Aunging/Adobe Stock 54 Maritime Reporter & Engineering News • MARCH 2018

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