What Synchronous Growth? Global Shipbuilding Orders Still In The Dumpster

Worldwide orders for newly built commercial vessels peaked in 2007 at 85.3 million Compensated Gross Tonnage (CGT) and have never recovered, despite the boom in the intercontinental maritime trade, especially with East Asia. After a historic collapse in 2016, orders ticked up in 2017, but to a still desperately low 20.2 million CGT ....

 

 

https://wolfstreet.com/2018/07/07/big-three-korean-shipbuilders-in-a-world-of-overcapacity-and-collapsed-orders/

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