Fairplay takes a closer look at vessel orders and deliveries in 2016 and highlights distinct trends.
More from Devlin McStay
The majority of ships ordered so far in 2016 have been container ships and tankers, the latter making up 9 out of a total of 10 orders in November.
Supramax to Panamax sized vessel are not being ordered at extraordinarily low levels. So far this year there has been almost no activity
Raw figures suggest Capesize orders have been on the up and up in 2016 but there is more to it than meets the eye. Although there was a glut of orders in March IHS Maritime and Trade analysts believe...
The lack of new orders for VLCCs in 2016 is in stark contrast to the situation last year. Just nine vessels had been ordered by the end of September, all from South Korean yards.
Shipbuilding is sluggish in August with few new orders in the month but new deliveries are still rolling out as relatively healthy levels.
The global shipping market is on its knees, with the exception of the tanker sector. Bulk carriers are at the bottom of their traditional seven-year cycle, with earnings below operating costs being a...
The latest newbuildings data. Tanker orders are still significantly up overall this year compared with 2015.