New order is obviously in depression during the second half in the face of global economic uncertainty and shriveling ship financing.
Clarksons revealed that monthly average of new order in H2 sharply decreased by 58% on the first half.
Greek owners, in particular, had ordered no newbuilding in October, which was the first time since September 2009, according to Clarksons.
Greek owners have ordered a total of $11.5bn of new order in the first ten months this year, which grew from $3bn in 2009 but dropped to one third of $37.7bn in 2007.
China has contracted the largest amount of newbuilding, about $900m, during October, which is about 34.6% of overall monthly new order of $2.6bn. However, new order by Chinese owners has plummeted to $4.4bn year-to-October, from $14.5bn in 2010.