Ultra-Large Containership Orders Reach New Heights

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A Record of 45 Ultra-Large Containerships was ordered in March, says an article on Marinelink.

Record heights in March

The number of 15,000+ TEU ultra-large containership (ULCS) ordered reached record heights in March. This reflects the confidence of shipowners and investors amid continued strong demand in the container shipping sector.

Total Order Capacity

According to shipping organization BIMCO, the record-breaking 45 ULCSs, and 27 additional “smaller” box ships ordered last month bring the total order capacity to 866,060 TEU.

Total container shipping capacity

Total container shipping capacity ordered in the first quarter of 2021 has already reached 1,398,000 TEU, a six-year-high compared to previous full years, and up from 995,000 TEU ordered for all of 2020, BIMCO said.

“The industry is keen on benefitting from the economies of scale that ultra-large containerships have to offer if you carry payloads close to its cargo-carrying capacity,” said Peter Sand, BIMCO’s chief shipping analyst.

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Source: Marinelink

 

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