Container ship orderbook grows past nine million teu, but a third of the ships won’t come before 2028

by Editor

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The global container ship orderbook has grown to a record size of 9.1 Mteu this month, with close to 800 newbuildings in the pipeline. In relation to a world fleet of some 7,300 ships and 31.9 Mteu, it currently stands at around 29%.

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In spite of this record figure, carriers and non-operating owners still appear hungry to expand their fleets with new vessels. Alphaliner understands that a fair number of additional newbuilding deals is still under negotiation these days, including a few big orders for large mainliners.

Apart from the industry’s need to get a more energy efficient and thus more environmentally friendly fleet into the water soon, there is another factor that’s driving ordering activity: Today’s super long lead times for container ships.

While the orderbook is the largest that it has ever been terms of capacity, it also stretches out far further than ever before, with some of the aforementioned ships only due in 2030 – five years from now.

The fact that many first-tier shipyards are sold out until the end of the decade, and that roughly one third of the vessel orderbook is for delivery slots more than three years out, has to be taken into consideration. In other words: today’s vessel pipeline already contains many ships that, under ‘normal’ circumstances, would only be ordered in 2026 for delivery in 2029 or 2030.

Source: Alphaliner

Over a third of the current active container ship fleet at risk by USTR proposal

8 hours ago

Ocean Network Express (ONE) achieved the highest capacity and market share growth of all carriers in the intra-European service segment

1 week ago

Chinese shipping under the telescope of the U.S. Trade Representative

1 week ago

Container ship orderbook grows past nine million teu, but a third of the ships won’t come before 2028

Over a third of the current active container ship fleet at risk by USTR proposal

Ocean Network Express (ONE) achieved the highest capacity and market share growth of all carriers in the intra-European service segment

Chinese shipping under the telescope of the U.S. Trade Representative

Over a third of the current active container ship fleet at risk by USTR proposal

Ocean Network Express (ONE) achieved the highest capacity and market share growth of all carriers in the intra-European service segment

Chinese shipping under the telescope of the U.S. Trade Representative

Editor

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