Number of active shipbuilders falls by 62% since 2009

Number of active shipbuilders falls by 62% since 2009

There are just 358 active shipbuilding yards around the world today, a figure that will continue to decline, according to a report from Clarkson Research. The figure is down by 62% from 2009, near the peak of the current shipbuilding cycle when there were a record 934 active yards globally.

An active yard is defined by Clarkson Research as one with at least one unit (1,000+ gt) on order.

“The largest drop has been in the bulker sector, but the number of active yards has also declined significantly elsewhere. Furthermore, 30% of currently active yards are set to complete construction of ships on their orderbook by the end of this year. With these trends in place, it will be no mystery as shipyard capacity continues to slide,” Clarkson Research noted.

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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