Maersk Line expects in 2013 total increase of containership capacity by 11%.12 March 2013
"We expect to get a reasonable balance between demand growth and supply growth. But it requires that the industry acts in a reasonably fair manner," Mr. Skou said, referring to container carriers avoiding engaging in a fare war to attract customers.
Slow steaming, industry term for slowing down ships to save fuel, will reduce effective industry-wide capacity by 2% 2013.
In 2013, 2% of the global container vessel fleet may be scrapped, and the percentage of ships that are idling may grow at least one percentage point from the current 5% to 6%, he said. Demand on the Asia to Europe routes may grow between 3% and 5% this year, he said, adding that demand between Asia and Africa and Asia and Latin America is rising faster at about 5% annually.
Mr. Skou also said he expects the industry to implement previously announced rate increases from March 15. Most major container shipping firms have announced rate increases that are effective this month.