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What is the future prospect of the 3000-6000TEU container ship newbuilding market?


Since 2021, medium-sized container ships of 3000-6000 TEU have performed very well. From January to May, a total of 30 vessels and 150,000 TEU were traded. In terms of the number of vessels, it exceeded the total order volume during the 13th Five-Year Plan period.
 
The reason behind the release of orders is the structural change in the demand for medium-sized container ships of 3000-6000 TEU in addition to the demand for updates.
 
According to statistics, in the past few years, 3000-6000TEU container ships have maintained a relatively stable capacity configuration on east-west non-main routes and north-south routes. Regional routes, especially Asian regional routes, have gradually increased demand for 3000-6000TEU container ships.
 
The deployment ratio of 3000-6000 TEU container ships on Asian regional routes has increased from 12% in 2016 to the current 21%, while the deployment ratio of 3000-6000 TEU container ships on the east-west trunk routes has dropped from 28% in 2016 to the current 18%. %.
 
In the future, with the entry into force of the RCEP agreement, China's trade with Japan, South Korea, Singapore and other countries will become more frequent, and the demand for container capacity in the Asian region will continue to improve, especially in the context of the epidemic prevention and control.
 
Relying on China's good epidemic prevention and control capabilities and a robust industrial chain supply chain system, foreign trade activities will continue to develop in a healthy manner, which will provide favorable support for the new 3000-6000 TEU container ship market.
 
Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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