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Home Shipping Trends

Far East-North America trade sees big increase in ship size

Editor by Editor
2 years ago
Reading Time: 2 mins read
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The average size of cellular container ship per trade route has in the past five years witnessed the strongest growth on the Far East-North America trade (+17%) and in Africa-related services (+17.5%).

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The average size of ships deployed between the Far East and North America stands at 9,622 teu compared to 8,225 teu five years ago.

It comes as no surprise that the highest average vessel size can be found between Asia and Europe. With the exception of two 19,400 teu MSC megamax ships currently deployed on the 2M China-California ‘TP2 / Jaguar’ service and four COSCO SHIPPING Lines-operated megamaxes trading between the Far & the Middle East all other megamax ships (164) are currently active between Asia and Europe.

Despite the delivery of many 24,000 teu ships in recent months, the average vessel size on this trade lane has surprisingly grown only 6.1% since 2018, well below the average growth of the total worldwide fleet (11.4%).

Source: Alphaliner


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Tags: AlphalinerContainer shippingfreight ratesglobal shipping fleetglobal tradeshipping routestransatlantic trade
Editor

Editor

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