ShippingWatch

Yards have yet to deliver almost half of 2018 orders

A large share of newbuilds in the 2018 order book are still at the yards, according to new figures from Vessels Value. A major shipbuilding nation is still waiting to deliver 50 percent of its orders.

Photo: /ritzau/AP/Kim Dong-min

A large number of newbuilds ordered for this year are still waiting at the yards. A total 1,966 newbuilds are scheduled for delivery in 2018, but so far only 1,100 have been delivered, according to figures from Vessels Value.

This means that 44 percent of the order book is still waiting to be delivered with two months left of the year.

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