Splash Extra

Analyst Abstract


For this edition of Analyst Abstract we look at the fading of erstwhile workhorses of the industry, whether it be the humble panamax, the coated suezmax or in box shipping’s case, its increasingly hollow middle.

Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, has surpassed 15% this month as shipping lines pile on the tonnage, but no one is showing any interest in renewing mid-sized tonnage.

Orders over the ...

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