Orders for new container ships rose sharply

Orders for new container ships rose sharply

The compensated gross tonnage (CGT) of container ships ordered for construction in the first quarter of this year was 5.9 million tonnes. This is two times more than in the fourth quarter of 2019 and 10 times more than in the first quarter of last year. This data is provided by Pulse with reference to a report by Clarksons Research.

This is the highest volume of orders in the last 14 years, since the third quarter of 200, the year the trucking market reached its peak.
The total capacity of container ships ordered in the first quarter of this year amounted to 1.39 million TEU. In the 3rd quarter of 2007 this figure was 1.37 million TEU. The average capacity of container ships increased to 10.1 thousand TEU (from 8.4 thousand TEU in 2007).
In March, the Koreans received 34 orders for mega-container ships out of 52 - with a capacity of over 12 thousand TEU.

Clarksons Research has revised its forecast of new container ship orders for this year upwards to 130 vessels. In September last year, the agency estimated the global order book for 2021 at 60 ships.
According to forecasts of Clarksons Research, orders for new 15K units will grow significantly.
In the summer of 2019, orders for the construction of container ships fell to historic lows. Experts predicted a slowdown in the inflow of new orders.

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