THE global pool of shipping containers increased 13 per cent to 50 million TEU in 2021, with Drewry predicting container shipping equipment surplus will recede, reports AJOT.
Drewry estimates that each container averaged 18.1 lifts in 2021 compared with 19.2 in 2020 and 19.5 and 20.6 in the 2010s.
Furthermore, the number of containers per slot of vessel capacity increased eight per cent in 2020.
Drewry estimates that six million TEU of surplus containers now exist in the global equipment pool.
""The delivery schedule of new ships is very strong with slot capacity expected to increase by 3.6 million TEU in 2023 and by over 3.9 million TEU in 2024,"" said Drewry head of container equipment research John Fossey.
""With new IMO emissions regulations coming into force in January 2023 forcing some ships to sail slower, much of the surplus equipment currently in service is expected to be absorbed. In addition, there is evidence to suggest that some carriers are planning to have more buffer stock in their equipment pools, while fewer new containers will be built in the next two years.""
Drewry forecasts that output in 2022 will be 3.9 million TEU and 2.4 million TEU in 2023.
""Looking ahead, ocean carriers will be the main buyers of equipment over the next two years with lessors then taking control again, raising their share of the pool to 54 per cent by 2026,"" said Mr Fossey.
""Moreover, per diem rates and investment cash returns will general be higher over the forecast period than in the past five years.""
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