30 Jul Ships capable of running on LNG represent about 22% of current orderbook capacity
The global orderbook for container ships jumped significantly in the first half of the year as freight rates surged on record demand and COVID-19 lockdown measures disrupted operations.
There were ‘well over’ 300 vessel orders in the first half of 2021, totalling 2.88 million TEU of capacity, shipping intelligence service Alphaliner said in a note to clients on Wednesday. The total orderbook stood at 4.94 million TEU of capacity as of June 30, up from 2.29 million TEU a year earlier.
“Today’s 19.9% orderbook to fleet ratio is expected to keep growing for a few more months as further newbuilding orders are placed, and as recent orders from the ‘grey zone’ are successively disclosed or otherwise confirmed,” Alphaliner said.
Container lines are the largest consumers of bunker fuel.
Ships capable of running on LNG represent about 22% of current orderbook capacity, the company said.
Source: Ship & Bunker