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2009 June 11   07:00

Worldwide 533 ships laid up, 533 stillborn as orders cancelled

Marinenet Daily News has reported that contracts for over 533 newbuildings around the world, most recent ones being dry bulk vessels, have been annulled from January the end of May.
The day before the Alphaliner Weekly Newsletter reported that idle containership capacity in the world at the end of the first week in June stood at 10.3 per cent, a nudge up from the 10.2 per cent recorded two weeks ago.
There were 533 ships idle representing 1.315 million TEU on June, a slight rise from 21 ships accounting for 1.304 million TEU, according to the Paris-based agency.

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