IDLE FLEET STATISTICS

[Alan Green]

An interesting article (in full as there was no link):

The idle containership fleet stands at 324 units aggregating 711,000 teu as at 08 March, based on the latest Lloyd

[Jean Hemond]

Great enlighthening data Alan. It more or less confirms the state of the business as seen from my bridge . Here shipping is, I guess 60 t0 70 % of what it was last year and that was also down from pr

[Jean Hemond]

Correction on my statements about the trafic on the St-Lawrence. My observation are wrong since pilots reports a small increase of trafic last winter. Mainly due to Shell Mtl importing refined products after closing the refinery. I realy worried that buisiness would be down here also. But not the case in Canada.
My observation were wrong since the ships now travel to MTL by night and arriving on first lights in Montreal  thus  avoiding iddle warfing fees.

[Alan Green]

Another doom laden article appears here:

There are stormy economic conditions ahead for the global shipping industry, because the profitability of cargo freight operators is sinking. This is due to a sharp jump in the supply of ships throughout the world.

Marine cargo traffic is slowing in line with the sluggishness of the world economy, just as huge fleets of new vessels