Containership orderbook is down by 21% on year

A new research from BIMCO’s shipping analyst, Peter Sand said yesterday that the total containership orderbook has fallen by 1 million TEUs, or 21% from 4.9 million TEUs this time last year to 3.9 million TEUs today. In total, 2010 saw the deliveries of 1.3 million TEUs of vessels, which coupled with sluggish new building ordering activity has helped reduce the outstanding orderbook.
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Source: Hellenic Shipping News