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Tankers and Gas Shipbuilding

Tanker newbuild order activity shows little sign of revival

Berth availability for building tankers is limited now that most major shipyards have filled their capacity with higher-yielding gas tankers and containerships. At the same time, a diminishing orderbook bodes well for freight rates in the medium term

  • Analysis

New tanker ordering activity has plummeted. Relatively high newbuilding prices and the need for clarity on future fuels are the main reasons for the ordering downturn

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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