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CONTAINERSHIPS have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors, according to BIMCO (Baltic and International Maritime Council), reports Hellenic Shipping News Worldwide.
The dry bulk fleet has an average age of 11.9 years whereas tankers on average are 12.8 years. The average age of the container fleet has increased 4.3 years during the past 13 years with the average age hitting a recent low of 9.9 years in August 2010.
The 2,516 ships delivered, and 1,384 ships recycled since then, have not been sufficient to keep the average age down.
Currently, 21 per cent of ships in the container fleet are now older than 20 years and thereby prime candidates for recycling in the coming years. Of the ships older than 20 years, the size segments 0-2,999 TEU and 3,000-5,999 TEU contribute 76 per cent and 16 per cent respectively, highlighting that fleet renewal in the past years has been focused on the post-panamax segments.
Perhaps more importantly, nearly 70 per cent of all containerships are over 10 years old. All ships built according to slow steaming principles so far, have been delivered within the last 10 years, allowing for lower energy consumption per container carried.
https://www.shippingazette.com/menu.asp?encode=eng
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