Athens: Bimco has warned
that as many as one in two shipyards could become idle in the coming years.
“[T]he clear and present
danger to the shipping industry is actually not the ships on order, but rather
how to handle the massive shipyard overcapacity post 2014, with the utilization
factor dropping from the present close to 100% to 50%,” the shipping body
warned in a release.
“The situation can be
overcome only if the ship yard overcapacity is not utilized to build more new
ships for delivery within the near-term future,” Bimco added.
Source : STA, 22.11.11.
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