Since the beginning of 2011, there has been a significant drop in ordering levels for sectors such as the dry bulk and wet markets compared to last year.
“By this point in 2010, we had already seen over 94 new orders in the wet sector compared to only 23 so far this year. On the dry side, the story follows in a similar vein, with 113 new reported orders in 2011 compared to 348 new orders in 2010," Clarksons says.
However, there has been significant evidence of activity in other sectors such as containerships, offshore and gas with the revival in container activity particularly significant.
In this sector we have seen a substantial increase in the number of orders, with over 81 new contracts placed thus far this year, in comparison to only 6 vessels ordered in the similar period of 2010.
With high profile contracts having also been signed in both the Offshore and Gas sectors, again something missing in the during the early stages of 2010, the yards have found their positions far more stable thus allowing them to push into the next stage of 2011 with continued optimism” said Clarksons’ report.