Data Snapshot
Ocean liner
operators have deployed different strategies in 2010 to bring
available capacity into better balance with demand in their
efforts to return ocean shipping rates to profitable levels. At
a time when large amounts of new tonnage was coming on line,
carriers suspended some services while implementing slow
steaming strategies on other services. By tracking the ratio of
deployed TEU capacity, (the capacity of all container ships
operating in a trade,) with the Allocated capacity (capacity
actually available to shippers,) you can see how carriers are
managing capacity by reducing the available capacity against
deployed capacity.
Going into 2010,
carriers began to employ slow steaming strategies that not only
generated substantial fuel saving for the carriers but also
restricted the growth in capacity. As cargo peaked in the summer
and demand exceed capacity - and rates went up - carriers eased
capacity restraints by ending slow steaming on some services.
Between June and September the ratio of deployed to allocated
capacity decreased. Between September and October, however, as
demand slacked off, carriers began to reintroduce slow steaming
strategies and the ratio again began to move up.
This chart is one of
several analytical views that are available in the latest build
of the ComPair Data's World Liners Supply Analytics released
October 26. |