Tuesday, September 4, 2012

[Ship Building] Boxship orders to triple

[Ship Building] Boxship orders to triple

Newbuilding containership orders are expected to triple year-on-year in 2013.

Macro Report analyst Philippe Hoehlinger said “Historical observations have proved that shipping lines start to order significantly when the orderbook represents close to 20% of total fleet.

“However, we believe that the percentage from which carriers may be likely to order again will be closer to 18% this time.

“In 2012, we expect a total of 316,000 teu of new orders and 1.1m teu in 2013. 2012 new orders have been revised down due to declining demand.”

Boxship newbuildings on order as a percentage of current fleet are expected to reach 20% by the end of 2012 and 16% by the close of next year.

Published : September 3, 2012

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