ShippingWatch

Shipyards in Asia see record growth in orderbook for new container vessels

In the spring, an unusually lucrative container market resulted in a record inflow of orders for new container capacity at shipyards in Asia. Orders were 60 percent higher than the previous record from 2005, according to Bimco.

Photo: PR / Danske Rederier

Orderbooks are overflowing at shipyards in China, South Korea and Japan after record growth in orders for container vessels in the first five months of the year.

According to a statement from shipping organization Bimco, the order volume for new container vessels set a record in the spring of 2.2 million teu or 60 percent more than the most recent record from 2005.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs