Idle fleet falls below 10%

As at 15 February, Alphaliner’s idle fleet tracker lists 508 ships for 1.30 Mteu idle compared to 532 ships for 1.37 Mteu at the beginning of the month. This represents 9.9% of the total cellular fleet compared to 10.4% two weeks ago.

Both the carrier-operated fleet and non-operating owner fleet fell as excess tonnage was absorbed in all vessel sizes. Only the 5,000 to 7,500 teu class saw a slight increase in idle vessels due to the return of a number of large ships on NYK’s account following the Grand Alliance’s service rationalization which was started in January.