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Clarksons: Big decrease in dry bulk orders

Significantly fewer newbuildings were ordered in the dry bulk segment in the first seven months of the year, according to a survey from Clarksons. A development that brings hopes of reduced overcapacity.

Photo: Scorpio Bulkers

The world's dry bulk carriers have only dared to order 58 new ships in the first seven months of the year, which represents a considerable 91 percent dip in the carriers' desire to order new tonnage compared to the same period last year.

The numbers also illustrate a complete different ordering level compared to 2013, where carriers ordered a total of 1,200 dry bulk vessels, according to a new report from Clarksons Research.

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