ShippingWatch

Clarkson: Far more new ships than in 2012

Orders for new ships between January and October reached 35.56 million cgt, a 74 percent increase compared to 2012.

Photo: Hempel

The low newbuilding prices have certainly made shipowners order new ships. A new study from Clarkson Research shows that orders for 35.56 million cgt (Compensated Gross Tonnage) have been registered since the beginning of the year until and including October. A significant increase of 74 percent compared to 2012, says Asiasis.

According to Clarkson, orders placed in October amounted to 3.16 million cgt, and 1.80 million cgt of these went to Chinese shipyards, which thus surpassed their South Korean competitors by 550.000 cgt. Especially commercial ships in dry bulk, container, and product tank experienced growth in 2013.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs