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In the next few months the marine transport will have to get to terms with a deficiency of container availability
A relationship of the World Shipping Council examines the evolution of the question and the offer of box
May 17, 2011
The World Shipping Council (WSC) has published the relationship "Container Supply Review" in which it examines the consistency of the world-wide fleet of container concluding that this year the market will be found to tackle to a deficiency of availability of container in the period of peak of the marine transport.
Currently the world-wide fleet of container is constituted gives about 18.605.000 million pieces, for a volume pairs to 28.535.000 of container from 20 ' (teu). The WSC finds as the world-wide recession of 2009 has had a remarkable impact on the production of the container, field that in the five years new precedence had recorded a medium question of container pairs more than three million than container teu per year.
In 2009, because of the crisis, the world-wide production of new container of single 450,000 teu is included the orders sent back from 2008. This has determined a total decrease of 1.4% of the consistency of the world-wide fleet of container after years of continuous expansion. Moreover in 2009 the question of container already in service has been contained also because of the decrease of the containerized marine traffic, first happened in the history of the containerized transport.
In 2009 therefore, to beyond collapse of the container production, they were million the container empty waiting for being used. In the course of the 2010 resumption of the containerized marine traffic it has happened ahead of schedule and it has involved the employment of the fleet previously not used. Such unexpected question is determined also by the decision of the navigation companies to that is operate the services of line in modality slow-steaming, reducing the speed of the ships in order to diminish the fuel consumption, modality that returns the employment of a greater number of container indispensable (is calculated that it has been necessary to use 1,4 million teu in more).
Marine carriers and societies of chartering container therefore have addressed to the producers for the new acquisition of container (60% about of the production are bought by the charters) and the factories have resumed gradually the activity having arrived to end 2010 to produce altogether about 2,5 million teu. However at the beginning of the 2011 world-wide fleet of containers it had an inferior consistency (about three million teu in less) regarding that which it would be reached if the production were continued following the increase trend before-crisis.
The relationship evidences as, with the sparsity of availability of containers happened in 2010, the marine carriers is forced to take a series of often expensive measures in order to increase the availability and the use of the fleet of existing container, between which the empty transfer of container from regions in which the fleet it was exceeding with it I use of ulterior ships only employed for the empty transport of the container, the reduction of the period of time in which the container they are made unusable and the dismissal of the old dismissione of the container.
Also with the resumption of the production of the container by the factories happened in 2011, year in which is previewed the construction of 3,5 million container teu arriving not more than 4,0-4,5 million new teu if they come anticipated orders - the relationship observes - already various sources indicate that in the course of this year the container supply can be insufficient to satisfy the question. Moreover in the 2011 prices of the container they are to the historical maximum and they are destined to remain high in the course of the year.
These and other factors - the relationship concludes - will determine difficulty in the finding of container in the course of the second half of 2011 and in 2012.
Growth and replacement of global container TEU fleet for 1990-2009 and projected 2010-15
Fleet addition
%*
Fleet replaced
%*
Total output
End-year fleet size
Profile Historic
pre-1990
5,960,000
-
2,215,000
-
8,235,000
5,960,000
1990
415,000
7.0
390,000
6.5
805,000
6,375,000
1991
530,000
8.3
390,000
6.1
920,000
6,905,000
1992
725,000
10.5
410,000
5.9
1,135,000
7,630,000
1993
480,000
6.3
495,000
6.5
975,000
8,110,000
1994
690,000
8.5
460,000
5.7
1,150,000
8,800,000
1995
930,000
10.6
465,000
5.3
1,395,000
9,730,000
1996
820,000
8.4
410,000
4.8
1,290,000
10,550,000
1997
935,000
8.9
545,000
5.2
1,480,000
11,485,000
1998
960,000
8.4
520,000
4.5
1,480,000
12,445,000
1999
1,025,000
8.2
515,000
4.1
1,540,000
13,470,000
2000
1,405,000
10.4
525,000
3.9
1,930,000
14,875,000
2001
655,000
4.4
625,000
4.2
1,280,000
15,530,000
2002
1,030,000
6.6
710,000
4.6
1,740,000
16,560,000
2003
1,525,000
9.2
875,000
5.3
2,400,000
18,085,000
2004
1,880,000
10.4
1,080,000
6.0
2,960,000
19,965,000
2005
1,450,000
7.3
1,150,000
5.8
2,600,000
21,415,000
2006
1,920,000
9.0
1,180,000
5.5
3,100,000
23,335,000
2007
2,900,000
12.4
1,350,000
5.8
4,250,000
26,235,000
2008
1,900,000
7.2
1,350,000
5.1
3,250,000
28,135,000
2009
-1,050,000
3.7
1,500,000
5.3
450,000
27,085,000
Profile Projected
2010
550,000
2.0
1,450,000
5.4
2,000,000
27,635,000
2011
1,850,000
6.7
1,550,000
5.6
3,400,000
29,485,000
2012
2,700,000
9.2
1,600,000
5.4
4,300,000
32,185,000
2013
2,750,000
8.5
1,650,000
5.1
4,400,000
34,935,000
2014
2,700,000
7.7
1,800,000
5.2
4,500,000
37,635,000
2015
3,000,000
8.0
2,000,000
5.3
5,000,000
40,635,000
* = percentage of preceding end-year fleet size Source: Containerisation International Analysis Market: Container Leasing Market 2010
YEAR
World Container Traffic (Million TEU)
Growth
End-Year Fleet Size (Million TEU)
Growth
Traffic/Fleet Ratio
1990
28.7
6.375
4.50
1991
31.3
9,06%
6.905
8,31%
4.53
1992
34.1
8,95%
7.63
10,50%
4.47
1993
37.1
8,80%
8.11
6,29%
4.57
1994
41.9
12,94%
8.8
8,51%
4.76
1995
46
9,79%
9.73
10,57%
4.73
1996
49.1
6,74%
10.55
8,43%
4.65
1997
54
9,98%
11.485
8,86%
4.70
1998
56.3
4,26%
12.445
8,36%
4.52
1999
61.6
9,41%
13.47
8,24%
4.57
2000
68.3
10,88%
14.875
10,43%
4.59
2001
70.7
3,51%
15.53
4,40%
4.55
2002
78.9
11,60%
16.56
6,63%
4.76
2003
91.9
16,48%
18.085
9,21%
5.08
2004
105.3
14,58%
19.965
10,40%
5.27
2005
115.5
9,69%
21.415
7,26%
5.39
2006
127
9,96%
23.335
8,97%
5.44
2007
142.4
12,13%
26.235
12,43%
5.43
2008
148.9
4,56%
28.135
7,24%
5.29
2009
134.56
-9,63%
27.085
-3,73%
4.97
2010E
153
13,70%
27.635
2,03%
5.54
2011F
165.6
8,24%
29.485
6,69%
5.62
2012F
177.7
7,31%
32.185
9,16%
5.52
Source: World Traffic Container - Drewry Annual Reports; End Year Fleet Size - US Analysis Market: Container Leasing Market 2010
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The World Shipping Council (WSC) has published the relationship "Container Supply Review" in which it examines the consistency of the world-wide fleet of container concluding that this year the market will be found to tackle to a deficiency of availability of container in the period of peak of the marine transport.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
