Thomas G. Ernst & Co.


08.09.2018

623 New Ships ordered this year according to TradeWinds

TradeWinds lately reports a 7% smaller order book compered to same period last year with 623 ships on order (or US$ 40bn value).
Of this number
-Cruise Ships have a share of 19% (US$ 7,5bn)
-LNG Carriers 18% (tripled sinsce 2017 with US$ 7bn)
-Tankers 17% (US$ 6,8bn)
-Container Ships abt. 12,5% (USD 5bn)
(Chemical Tankers and Offshore vessel orders SHRUNK by 97%)

The Global Orderbook stands now at 3.500 ships with 200mio dwt
(10% of exiting fleet) with
-LNG carriers 23% orders to exisiting ships ration
-Tankers 14% ration and
-Containerships 11% of the existing fleet

tge