North Europe-South America East Coast capacity slides in 2017
By Eva Matthews on 11 January 2018
BlueWater Reporting shows a drop in capacity despite an increase in vessel size on the North Europe-South America East Coast trade.
   Utilizing the BlueWater Reporting Quick Capacity Report, the chart above displays the estimated weekly allocated capacity on the North Europe to South America East Coast for the December reporting periods of 2015, 2016 and 2017. The chart also shows the average vessel capacity on the trade for each reporting period. Capacity is measured in TEUs. 
   According to the data, capacity on the trade was highest in December 2016, at an estimated allocated 22,343 TEUs per week, up 3.5 percent from 21,584 TEUs in 2015. Capacity declined sharply in 2017, dropping to 17,284 TEUs, a decrease of 22.6 percent. 
   Conversely, average vessel size was at its peak in 2017 at 7,335 TEUs. This was up 8.6 percent from 2016, which had an average vessel capacity of 6,754. Vessel size stayed largely steady between December 2015 and 2016, dropping by only two TEUs year-over-year.