Archives for category: shipyards

30 years is a long time in any sphere, and an even longer time in a fast-paced industry like shipping. The markets of the 1980s seem dim and distant, with a heroic boom and a few crises in between. However, one thing today looks similar: the “classic” orderbook as a percentage of the fleet ratio, a yardstick for assessing future supply growth, is now, at 7.4%, as low as it has been since 1989.

For the full version of this article, please go to Shipping Intelligence Network.

Next month over 50,000 will gather for the biennial SMM fair in Hamburg. Since the last fair (coinciding with the lowest ever ClarkSea Index!) there have been major developments, not least in environmental regulation. Despite an eroding newbuild orderbook, a modest uptick in ordering and recent enthusiasm for scrubbers are set to combine with plenty of positive discussion around technology and digitalisation!

For the full version of this article, please go to Shipping Intelligence Network.