CONTAINER | Lay-up rise looming

Originally published in Tradewinds, 2010/10/05

Laid-up containership capacity will build to 5% as the global recovery slows down, says Lazard Capital markets.

Post-panamax vessels are expected to see the largest increase in idle numbers, according to analyst Urs Dur.

In a note to clients he said: “Given that much of the Christmas inventory has shipped and recent US trucking numbers have slowed somewhat, we expect news from the container sector to show that its recovery is slowing in the coming weeks and months.”

Presently around 2% of global boxship capacity is laid-up, against more than 10% at the start of this year.

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