Container Fleet Idling Remains Below 1% as Market Stays Tight

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The commercially idle container ship fleet declined by around 55,000 TEU over the past fortnight and remains at historically low levels, according to sector specialist Alphaliner.

The firm counted 59 commercially idle container ships representing 189,285 TEU, compared with 81 ships in the previous survey period, it said in an emailed report on Tuesday.

Carrier-controlled tonnage accounted to most of the reduction, with operators returning 21 ships, equivalent to 46,542 TEU, back into commercial service over the past two weeks.

With idle capacity accounting to only 0.6% of the global 34.1 million TEU cellular fleet, Alphaliner said the container shipping sector could still be considered “fully employed”, with no signs of “structural idling”.

The figures do not include ships affected by the ongoing Middle East conflict.

Alphaliner said at least 57 container ships, representing about 280,000 TEU, had either been diverted or sheltered due to the situation as of might 18.

The consultancy noted that widespread AIS transponder deactivation and evolving contingency measures mean the actual number of affected vessels could be higher.

Since these ships are efficiently unavailable to the market, the “forced inactivity” is further tightening vessel supply.

Meanwhile, capacity tied up in drydock to maintenance, repairs, retrofits or conversions remained broadly stable over the past two weeks at 682,100 TEU across 164 vessels, representing around 2% of the global fleet.

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