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Container ship orderbook reaches 46.5% of active fleet
The container shipping orderbook has grown to 16.2 million TEU, or 46.5% of the active fleet, the highest share since 2009, as Chinese yards booked a record 4.94 million TEU this year.
The container shipping orderbook has swelled to 46.5% of the active fleet, a post-2009 peak, according to the supplied report. That represents 16.2 million TEU of ordered capacity.
Chinese shipyards have booked a record 4.94 million TEU this year, accounting for 88% of total capacity ordered, Linerlytica data cited in the report show. Newbuilding activity shows no sign of slowing.
The orderbook-to-fleet ratio is expected to grow further. The report links the expansion to carriers racing to secure ultra-large tonnage.
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