Global orderbook hits 17-year high

By the end of the first quarter of 2026, the global shipping orderbook hit a 17-year high, reaching 191m compensated gross tonnes (CGT) – equivalent to 17% of the global fleet, the highest ratio since 2011, according to data from BIMCO. The orderbook has been boosted by higher newbuilding contracting throughout the 2020s and most …

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