Vessel orders on the rise

The 24,188 TEU OOCL SPAIN was officially named at a ceremony in Nantong, China, this week.

Maersk has ordered a further six container vessels with dual-fuel capability to sail on green methanol and its innovative vessel design with the bridge at the bow.

“ENOVA innovation award will enable bold vision for two emissions-free container vessels to connect Norway and the Netherlands by 2025,” Samskip announces.

Ocean Network Express is adding ten new ammonia and methanol ready Very Large Container Ships (VLCS) to its fleet.

While all major liner shipping companies enjoyed record levels of profitability in 2021, how individual groups invested their newfound wealth was very different. This will have a significant bearing on the future shape of the industry.

According to data recently published by Copenhagen-based BIMCO, a record 3.4M TEU (381 vessels) was contracted in the first eight months of 2021. The total orders backlog of 5.3M TEU was equivalent to about 22% of the fleet in service.