ShippingWatch

Offshore newbuildings cut in half

The number of signed newbuilding contracts in 2013 was cut in half compared to last year, says Clarkson Research.

Photo: Ole Jørgen Bratland - Statoil

The global newbuilding industry is growing, and compared to 2012 the shipping industry, by late November, had ordered 158 percent more dwt than in 2012. According to Asiasis a total of 1,912 newbuildings were ordered, for a combined 121 million dwt. All together the many orders are worth slightly more than in 2012, and the shipyard industry can note an increase from USD 89.6 billion to USD 89.9 billion in the first 11 months of 2013, says Clarkson Research.

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