- At present, the number of container ship orders is hitting the highest level in history.
- The Global container ship orders reached 286 vessels, an increase of 790% from 32 vessels in the same period last year.
A report recently released by VesselsValue shows that in the first half of this year, global container ship orders reached 286 vessels, an increase of 790% from 32 vessels in the same period last year, reports Xinde Marine News.
Containerships Order Data
According to relevant data, from January to June this year, the total value of new orders for 286 container ships worldwide is approximately US$21.52 billion, while the value of new container ships in 2020 and 2019 is only US$8.8 billion (120 ships) and US$6.8 billion (106 ships).
Popular Ship for Large Orders
In terms of large ship orders, New-Panamax is the most popular with buyers, and the number of orders during the statistical period is 112. The order volume of Post-Panamax is 23, ranking second. Followed by ultra large container ships (ULCS), the order volume is 18. In terms of orders for small and medium-sized ships, the number of Handy ships is 47, the Feedermax is 16 ships, and the Sub-Panamax is 14 ships.
Largest Container ship Purchaser
In the first half of 2021, the largest container ship orderer was Seaspan. The owner ordered a total of 40 ships of various types with a total capacity of approximately 603,000 TEU. In second place is Evergreen, which has ordered 23 container ships, with a total capacity of about 348,000 TEU. The third is CMA CGM. The company placed an order for 22 container ships with a total capacity of about 223,000 TEU. Wan Hai and HMM followed closely behind in terms of capacity ordering, ordering 41 ships (175,000 TEU) and 12 ships (156,000 TEU) respectively.
Freight Rates
With soaring freight rates, the total profit of liner companies in 2021 may reach US$80 billion to US$100 billion. The current popularity of the container ship transportation market can be seen, which has pushed up the total number of container ship orders.
Container shipping Market & Demand
Some analysts say that the container shipping market will continue to maintain a strong state in 2022, and individual revenue does not seem to decline. From the perspective of the overall market demand, 2020 will be about 0.7% lower than 2019, and 2021 will be 5.3% higher than 2019.
The increase in demand indicates to a large extent that consumers have made more online shopping during the epidemic. However, with the implementation of global vaccination and the normalization of liquidity, it is unknown whether this change will become the norm. Judging the container transportation market demand is obviously not too certain.
It should be noted that the enthusiasm of shipowners or liner companies for ordering container ships lies precisely in their judgments for the next few years.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source : Xinde Marine News
