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Clarksons: Shipowners with middle-aged fleet face tough decision

More than 60 percent of the world's tonnage is ten years-old or younger. However, the world fleet still includes a number of older vessels, and especially owners of "middle-aged" vessels stand to face a dilemma in coming years, writes Clarksons in a new analysis.

Photo: Patrick T. Fallon/Bloomberg

More than half of the world's total tonnage is ten years or younger. Specifically, 63 percent of the total tonnage has been delivered in the past ten years, shows a new analysis by Clarksons Research.

The majority of the younger vessels have, according to Clarksons, been delivered in the years 2010-2012, and the analyst firm attributes this to the years 2006-2008 described as contract booming. Looking at individual segments, dry bulk accounts for the majority, 41 percent, of the younger fleet, while tanker, container and gas make up 22 percent, 18 percent and 6 percent, respectively.

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