Thomas G. Ernst & Co.

Container-, Project-, Bulk- and Offshoremarkets still down

The last performing markets in shipping are Tankers and Cruise Ships - how long ?

According to Agentur für Structiur und Personalentwicklung (Ags) the Cruise market has 55 newbuildings under sonstruction. One third ordered at German Yards, ONE ship at an asiatic shipyard (Mutsubishi, Japan). However, it is estimated, that the demand will contiue.

Roughly 600 Tankers are under construction - will the demand meet this supply ?

We do not know.