Containership orderbook closes in on all-time highs

The containership orderbook is about to hit an all-time high, elbowing out most other ship types, bar LNG, to take the lion’s share of building slots at leading yards across Asia.

Alphaliner’s data of confirmed containership orders shows more than 6.22m teu worth of vessels are now on order. Once a number of reported orders are confirmed, the orderbook will topple the heights experienced in 2008 when the orderbook-to-fleet ratio hit 65%.

Because the global box fleet has doubled in size since 2008, the orderbook-to-fleet ratio currently stands at 25%. Including orders under negotiation, and pending confirmation it stands at 27%.

According to Clarksons, only the LNG shipping sector now has a higher orderbook-to-fleet ratio, closing in on the 30% mark.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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