After a decade of declining output, shipyard production has begun to edge up in recent years with deliveries in Q1 reaching a seven year quarterly high (10.1m CGT). Our projection for full year 2024 suggests a 15% y-o-y increase to ~40.6m CGT, although with a near term product mix dominated by gas carriers and containerships, the outlook varies by tonnage unit.
Despite an easing of overall conditions (our ClarkSea Index averaged a healthy $24,119/day in 1H, down 38% y-o-y but still…
Next week, the 35th Nor-Shipping trade exhibition returns to its traditional summer slot. Like most maritime gatherings today, there will…
As emissions regulatory and policy decisions continue to “ramp up” across maritime, Clarksons Research is closely tracking uptake of “green”…
While global newbuild order volumes fell (20% y-o-y in CGT terms), 2022 was still an active year for the global…
