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Date: 29/09/2023

Half of global orderbook held by LNG, container 

According to data from Clarksons Research, a full 50% of the global orderbook in CGT terms is contracted for just two shipping segments, LNG and containers. Clarksons Research’s upcoming Shipping Review & Outlook publication shows the huge variation in orderbooks, with LNG orders, for instance, now equivalent to 53% of the extant fleet, while tanker orders account for just 5% of the extant fleet. Yard capacity is still 35% down from its 2011 peaks and yard slot availability is tight with the orderbook standing at 3.5 times last year’s output. Owners of tankers and dry bulkers anxious to kick off fleet replacement programs are faced with a long wait and elevated prices. Clarksons data shows 31% of the global merchant fleet is now over 15 years of age, and 30% of tonnage ranks in the D and E bands for IMO’s Carbon Intensity Indicator (CII) ratings, as per a report.
 
Source: Exim News Service: London, Sept. 28
 



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