Idle fleet worldwide rises to 1.51 million TEU

THE idle containership fleet worldwide has risen to 1.51 million TEU, accounting for 11.6 per cent of the total global box fleet, as of January 4, up from 1.48 million TEU two weeks before.

According to Alphaliner records, the world's idle fleet comprises 581 idle vessels, including nine vessels with a capacity larger than 7,500 TEU.

"The increase is largely due to the implementation of winter capacity adjustment with a number of large ships temporarily idled. The CKYH alliance carriers are the most affected by these adjustments," the report said.