Asia to Central America trade increases vessel size year-over-year
By 6 February 2018on
Utilizing the BlueWater Reporting Capacity Report, the chart above provides a year-over-year analysis of the average vessel size and total number of vessels operating on the Asia to Central America trade. The chart data is from the reporting periods of January 2016, January 2017 and January 2018. Overall, carriers have shifted their focus from deploying smaller and more ships to fewer and larger ships on the Asia to Central America trade. The total number of vessels on the Asia to Central America trade dropped between January 2016 and 2017. Within that one year, 10 vessels were removed from the trade, with total vessel count dropping from 157 to 147. Although the total number of vessels on the trade decreased, carriers appeared to compensate for this loss by deploying larger vessels, with average vessel capacity jumping from 6,202 TEUs in January 2016 to 7,501 TEUs in January 2017. Average vessel size is at its peak in January 2018 at 8,556 TEUs. Between 2017-2018, the total number of vessels on the trade experienced a significant drop, from 147 to 114, a reduction of 33 vessels. The data shows that within a two year span, the trade removed a total of 43 vessels.