Top 20 shipping lines add 844,000 TEU to fleet over 12-month period

9/13/2012 10:50:28 AM

THE top 20 ocean liners had added over the last 12 months 844,000 TEU in capacity to their fleet amid a loss-making period. The two largest carriers, Maersk and MSC, account for more than half the added capacity, having put on 232,000 and 218,000 TEU respectively since July 2011, Alphaliner reports. As of July 1, the total liner capacity has reached 16.53 million TEU, of which 16.05 million TEU is made up of container ships, an increase of 6.5 per cent in the last 12 months. It said that only two carriers, CSAV and Zim, removed capacity during the period. Cash-strapped CSAV's capacity has halved during the last 12 months, down from 544,000 TEU to 269,000 TEU. During the same period, Zim removed 10,700 TEU from its fleet amid a drive to return to financial health.   Asian Shipper News

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