Carriers

Global order book for new commercial vessels at 30-year low

Uncertainty about the global economy and global trade has led to the lowest newbuild order book for commercial vessels since 1989, shows new analysis from Danish Shipping.
Photo: PR / Danske Rederier
Photo: PR / Danske Rederier
by DAG HOLMSTAD

Despite record-high freight rates and strong earnings among container lines, among others, many shipyards across the globe are looking at half empty order books.

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