World News
Inactive Boxship Fleet Drops to 5.1% of Total Capacity
Wednesday August 12, 2020
Inactive capacity in the container ship fleet has dropped to 5.1% of total global capacity, according to shipping intelligence service Alphaliner.
The inactive total dropped to 264 ships representing 1.2 million million TEU as of July 20, Alphaliner said in its weekly research note. That was down by about 355,286 TEU from the previous month, the company said.
Just 28 ships are now inactive solely for scrubber retrofits, the company said, down from 36 ships in its previous survey.
Earlier this week consultancy Sea-Intelligence reported North American laden container imports were declining at a slower rate than previously in June, raising the possibility of a rally in the third quarter.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 565.50 | 4.50 | 678.50 | 4.50 |
| Rotterdam | 512.00 | 3.50 | 676.00 | 9.00 |
| Houston | 552.00 | 3.00 | 682.00 | 4.00 |
| Fujairah | 555.50 | 7.50 | 753.00 | 1.50 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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