{"id":3580,"date":"2025-08-22T16:02:46","date_gmt":"2025-08-22T08:02:46","guid":{"rendered":"https:\/\/ufreight.com\/?p=3580"},"modified":"2025-08-22T16:02:48","modified_gmt":"2025-08-22T08:02:48","slug":"neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel","status":"publish","type":"post","link":"https:\/\/ufreight.com\/tc\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/","title":{"rendered":"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel"},"content":{"rendered":"<p>Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen.<br><br>With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu.<br><br>The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.\u00a0<br><br>Various other analysts quoted in the article appear to agree that the intensive fleet renewal programme, combined with tepid trade growth expectations, will widen the gap in the supply of container shipping capacity and the demand for it.<br><br>The full article can be read here:<br><br><a href=\"https:\/\/splash247.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/splash247.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/<\/a><br><br>For more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website, or contact your local office, which can be seen here: <a href=\"https:\/\/ufreight.com\/tc\/locations\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ufreight.com\/locations<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong&#8230;<\/p>","protected":false},"author":2,"featured_media":1962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group<\/title>\n<meta name=\"description\" content=\"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ufreight.com\/tc\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group\" \/>\n<meta property=\"og:description\" content=\"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ufreight.com\/tc\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\" \/>\n<meta property=\"og:site_name\" content=\"UFL Group\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-22T08:02:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-22T08:02:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"902\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"UFL Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"UFL Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9810\u8a08\u95b1\u8b80\u6642\u9593\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 \u5206\u9418\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\",\"url\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\",\"name\":\"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group\",\"isPartOf\":{\"@id\":\"https:\/\/ufreight.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg\",\"datePublished\":\"2025-08-22T08:02:46+00:00\",\"dateModified\":\"2025-08-22T08:02:48+00:00\",\"author\":{\"@id\":\"https:\/\/ufreight.com\/#\/schema\/person\/8f1ca5720cfc3393bf38f9e0162456c1\"},\"description\":\"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.\",\"breadcrumb\":{\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#breadcrumb\"},\"inLanguage\":\"zh-HK\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-HK\",\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage\",\"url\":\"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg\",\"contentUrl\":\"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg\",\"width\":902,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ufreight.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ufreight.com\/#website\",\"url\":\"https:\/\/ufreight.com\/\",\"name\":\"UFL Group\",\"description\":\"Service without Boundaries\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ufreight.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-HK\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ufreight.com\/#\/schema\/person\/8f1ca5720cfc3393bf38f9e0162456c1\",\"name\":\"UFL Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-HK\",\"@id\":\"https:\/\/ufreight.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c316a4ec913df731468f36b0b48ff715b470e57f09112d383798a9989b419d36?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c316a4ec913df731468f36b0b48ff715b470e57f09112d383798a9989b419d36?s=96&d=mm&r=g\",\"caption\":\"UFL Group\"},\"url\":\"https:\/\/ufreight.com\/tc\/author\/tung-ho\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group","description":"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ufreight.com\/tc\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/","og_locale":"zh_HK","og_type":"article","og_title":"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group","og_description":"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.","og_url":"https:\/\/ufreight.com\/tc\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/","og_site_name":"UFL Group","article_published_time":"2025-08-22T08:02:46+00:00","article_modified_time":"2025-08-22T08:02:48+00:00","og_image":[{"width":902,"height":600,"url":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","type":"image\/jpeg"}],"author":"UFL Group","twitter_card":"summary_large_image","twitter_misc":{"\u4f5c\u8005":"UFL Group","\u9810\u8a08\u95b1\u8b80\u6642\u9593":"2 \u5206\u9418"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/","url":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/","name":"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel - UFL Group","isPartOf":{"@id":"https:\/\/ufreight.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage"},"image":{"@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage"},"thumbnailUrl":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","datePublished":"2025-08-22T08:02:46+00:00","dateModified":"2025-08-22T08:02:48+00:00","author":{"@id":"https:\/\/ufreight.com\/#\/schema\/person\/8f1ca5720cfc3393bf38f9e0162456c1"},"description":"Following our recent news article about overcapacity in the container shipping arena, we note that Peter Sand, chief analyst at Xeneta, told the Splash 247 website that it would be necessary to demolish all ships built in 2009 and before to neutralise the current orderbook, adding that this is unlikely to happen. With our strong presence in the global container shipping arena, we also note that according to the article demolition of all containerships built in 2005 and before only amounts to 4.3 million teu. The article adds that containership demolitions are at multi-decade lows in 2025. As of mid-year, just seven containerships, averaging around 500 teu each, had been scrapped\u2014totalling under 4,000 teu. If this pace continues, 2025 will likely register the lowest annual scrapping volumes in over 20 years.","breadcrumb":{"@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#breadcrumb"},"inLanguage":"zh-HK","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/"]}]},{"@type":"ImageObject","inLanguage":"zh-HK","@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#primaryimage","url":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","contentUrl":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","width":902,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/ufreight.com\/neutralising-the-boxship-orderbook-would-require-scrapping-every-pre-2010-vessel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ufreight.com\/"},{"@type":"ListItem","position":2,"name":"Neutralising the boxship orderbook would require scrapping every pre-2010 vessel"}]},{"@type":"WebSite","@id":"https:\/\/ufreight.com\/#website","url":"https:\/\/ufreight.com\/","name":"UFL Group","description":"Service without Boundaries","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ufreight.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-HK"},{"@type":"Person","@id":"https:\/\/ufreight.com\/#\/schema\/person\/8f1ca5720cfc3393bf38f9e0162456c1","name":"UFL Group","image":{"@type":"ImageObject","inLanguage":"zh-HK","@id":"https:\/\/ufreight.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c316a4ec913df731468f36b0b48ff715b470e57f09112d383798a9989b419d36?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c316a4ec913df731468f36b0b48ff715b470e57f09112d383798a9989b419d36?s=96&d=mm&r=g","caption":"UFL Group"},"url":"https:\/\/ufreight.com\/tc\/author\/tung-ho\/"}]}},"_links":{"self":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/comments?post=3580"}],"version-history":[{"count":2,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3580\/revisions"}],"predecessor-version":[{"id":3582,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3580\/revisions\/3582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/media\/1962"}],"wp:attachment":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/media?parent=3580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/categories?post=3580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/tags?post=3580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}