News / As market overcapacity subsides, shipowners start to order newbuilds again

© Khunaspix Dreamstime.

Container carriers and non-operating shipowners (NOOs) appear to have finally reacted to the severe capacity constraints in the global vessel fleet with a surge of new orders with shipyards.

According to new Alphaliner analysis, after a sustained period in which few new shipbuilding contracts were signed, with the industry struggling to manage structural overcapacity, “the last two quarters have seen a massive wave of fresh containership newbuilding orders, especially for ultra large vessels”.

In 2010, in the wake of the collapse of ...