The remarkable resurgence in containership ordering at yards in East Asia over the summer has pushed delivery dates for most other ship types towards the end of the decade new analysis from sister title, reveals today.
June, July and August have seen near record levels of containerships contracted, principally in China. June was the second highest ever with August running this record close and plenty more contracts expected to be inked in the coming weeks.
Mediterranean Shipping Co (MSC), the world’s largest container line, has led the ordering binge with Alphaliner reporting the Geneva-based liner has spent more than $7bn in recent weeks.
“The containership order spree is only just starting. There’s plenty more to come,” Hua Joo Tan, co-founder of Linerlytica, said.
The ordering wave is elbowing out slot availability for other ship types, despite the expansion and reactivation of a number of yards, mainly in China.