Massive investments in VLCS and ULCS newbuilding tonnage of 10,000 to 23,000 teu over the last years have seen the emergence of a fairly modern fleet of large vessels, with an average age profile of currently only five years.
Meanwhile, investments in smaller and medium sized-tonnage (up to 9,000 teu) have been sidelined, and often concentrated on certain ship types only, based on carriers’ specific needs.
Source: Alphaliner
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