{"id":71118,"date":"2023-05-30T00:00:00","date_gmt":"2023-05-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/30\/container-ships-are-moving-at-all-time-slow-speeds\/"},"modified":"2023-05-30T00:00:00","modified_gmt":"2023-05-30T00:00:00","slug":"container-ships-are-moving-at-all-time-slow-speeds","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/30\/container-ships-are-moving-at-all-time-slow-speeds\/","title":{"rendered":"Container ships are moving at all time slow speeds"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Container ships have been moving at all-time low speeds in 1Q 2023 to face \u201cstructural<\/span><span style=\"font-weight:700\"> overcapacity\u201d and high fuel prices<\/span><span style=\"\">, maritime and shipping research <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.clarksons.com\/research\/\" style=\"\">Clarksons<\/a><\/span><span style=\"\"> said, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/splash247.com\/containerships-moving-at-all-time-low-speeds\/\" style=\"\">Splash247<\/a><\/span><span style=\"\">. Average sailing speeds have slowed to 13.8 knots, down 4% <\/span><span style=\"\">y-o-y<\/span><span style=\"\">, with the possibility that this could further decrease to 10% by 2025, according to analysis from shipping association <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bimco.org\/\" style=\"\">BIMCO<\/a><\/span><span style=\"font-weight:400;\">. The slowing of services is a result of container ships absorbing capacity that would otherwise be a surplus as well as new environmental regulations and carbon taxes which increase fuel prices, Alphaliner analyst Jan Tiedemann told the news outlet. The transition to new and more expensive  fuels such as LNG, ammonia, and methanol also will favor slow speeds, Tiedmann added.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Container ships have been moving at all-time low speeds in 1Q 2023 to face \u201cstructural overcapacity\u201d and high fuel prices, maritime and shipping research Clarksons said, according to Splash247. Average sailing speeds have slowed to 13.8 knots, down 4% y-o-y, with the possibility that this could further decrease to 10% by 2025, according to analysis [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71119,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[882,17,55,33],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics-in-the-news","tag-container-ships","tag-enterprise-logistics","tag-logistics-in-the-news","tag-shipping","wpautop","entry"],"acf":{"mongo_id":"c14820db-9726-4958-85c2-503924e9dc82","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1586.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Container ships are moving at all time slow speeds","related_issue":[71104],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.2c79b05b-67cb-4744-b94e-aedf2a0bf5e1.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Container ships are moving at all time slow speeds - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/30\/container-ships-are-moving-at-all-time-slow-speeds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Container ships are moving at all time slow speeds\" \/>\n<meta property=\"og:description\" content=\"Container ships have been moving at all-time low speeds in 1Q 2023 to face \u201cstructural overcapacity\u201d and high fuel prices, maritime and shipping research Clarksons said, according to Splash247. 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