ShippingWatch

Recent months show an "order wave" for ultra-large box ships

The period between late last year and into the new year has seen a massive increase in orders for large ships in the container industry, writes Alphaliner. High freight rates and strong earnings have led to more newbuild orders.

Photo: Daniel Reinhardt/AP/Ritzau Scanpix

Recent months have shown a surge in order for new container vessels, with ultra-large vessels being particularly popular among shipowners.

Both the fourth quarter of last year and the start of the new year have seen an "order wave", writes Alphaliner.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

New Pacific Basin CEO presents strategy in first public appearance

Martin Fruergaard has presented his key strategy in his first public appearance as the new CEO of Hong Kong-based Pacific Basin. The dry bulk operator has posted unusually strong half-year results on the back of a market upturn that by all appearances has only just begun.

Finnlines sees gains despite Covid-19 restrictions

Ferry and RoRo operator Finnlines saw growth in several areas in the second quarter of the years although the Covid-19 continues to put pressure on the passenger business. Larger cargo volumes helped boost the revenue.

Further reading

Related articles

Trial banner

Latest news

See all jobs