Orders for newbuilds are up by 86 pct

The number of orders for newbuilds has gone up by 12 pct. compared with last year across the globe, and a total of 86 pct. extra capacity has been added.

Photo: Stena Bulk

There is optimism across the board in the shipping sector, and in the first nine months of the year the number of newbuilds has soared to 1,307 vessels, an increase of 12 pct. compared with the same period in 2012, writes Asiasis.

The numbers, collected by Clarkson Research, reveal that the size of the ordered ships has also increased, and, while the number of orders has gone up by just 12 pct., the ordered vessels have a combined capacity of 82.7m dwt, 86 pct. more than the previous year.

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