View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
September 14, 2009

Ship Build Orders Reach Peak in August

Global new ship build orders in August have hit a new monthly record for 2009, according to a study. Orders in the first three weeks of August stood at just 552,000dwt worldwide but they jumped in the fourth week, bringing the total new contracts signed in the month to 6.132 million dw

By cms admin

Global new ship build orders in August have hit a new monthly record for 2009, according to a study.

Orders in the first three weeks of August stood at just 552,000dwt worldwide but they jumped in the fourth week, bringing the total new contracts signed in the month to 6.132 million dwt, which is the highest monthly record of this year exceeding July’s figure of 6.107 million dwt.

Orders in August include six 320,000dwt class large crude carriers heading for Shanghai Waigaoqiao Shipbuilding, part of China State Shipbuilding Corporation.

Chinese shipbuilders accounted for 71% of the entire orders in August while South Korean shipbuilders made up 26%.

The statistics were complied by Clarkson Research Services.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology