Global ship orderbook growth hits fastest pace since pre-Lehman boom

At 27% year-on-year, growth in the global shipbuilding orderbook is running at its fastest pace since the eve of the 2008 financial crisis, with contracting volumes now tracking levels last seen during shipping’s great pre-Lehman ordering frenzy. The global merchant fleet stood at 117,022 ships of 1.8bn gt at the start of August, up 4% … Read full article →