Shipping consultancy Drewry believes the boxship sector is looking healthier as owners resist the urge to add more huge vessels to orderbooks.
“We believe that the industry’s supply-demand balance will benefit from a reduced appetite for ultra large container vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators," said Drewry's senior manager for container research, Simon Heaney.