News > Container ships reach highest avg age on record of 14.2 years

Container ships reach highest avg age on record of 14.2 years

The average age of the container fleet has increased 4.3 years during the past 13 years with the average age hitting a recent low of 9.9 years in August 2010. "The 2,516 ships delivered, and 1,384 ships recycled since then, have not been sufficient to keep the average age down," according to the latest update from BIMCO. Currently, 21 percent of ships in the container fleet are older than 20 years, and thereby prime candidates for recycling in the coming years, the update added.