The containership orderbook as a percentage of fleet capacity is closing in on the 20% mark, having only broached double figures last October.
Box shipping’s vessel orderbook-to-fleet ratio had steadily decreased from 30% in 2010 to 8.8% at the end of Q3 last year, the lowest figure recorded this century. Since then orders have piled in with Clarkson Research Services reporting the ratio stands at 17.6% today. With big names such as Cosco, Hapag-Lloyd and HMM all rumoured to be readying more orders in the coming months, the 20% figure is likely to be crossed. Only the LNG sector has a higher ratio – at 23%…
