Maersk Approaches Its Fleet Limits as Utilisation Hits 96%
Maersk chief executive Vincent Clerc says demand resilience has pushed vessel utilisation to 96% and second-quarter ocean volumes up 4.1%, forcing a reassessment of fleet expansion.
Hengli Books 207 Ships in Six Months, a Record for a Single Yard
Hengli Heavy Industries took 207 vessel orders in the first half of 2026, an all-time record for a single shipyard, lifting its backlog to about 380 ships through 2030.
Ultra-Luxury Newbuilds Now Take a Fifth of the Cruise Orderbook
Ultra-luxury tonnage accounts for 20 percent of cruise ships on order by number, drawing investment from Royal Caribbean Group, MSC and luxury hotel brands.
Fincantieri Books Two More Viking Ocean Ships for 2032 Delivery
Fincantieri has converted options into firm contracts for two 54,300 gross ton Viking ocean ships, to be built at Ancona for delivery in 2032.
Viking Holds $4 Billion in Cash and Sets a Four-Part Test for Acquisitions
Viking closed the second quarter with $4 billion in cash and an undrawn $1 billion revolver, and says any acquisition must beat the returns its own newbuildings generate.
Shipowner's Orderbook Reaches Sixty-Nine Vessels, Nine Tenths In China
A diversified British shipowner has expanded its newbuilding programme to 69 vessels under construction, with roughly ninety per cent of that tonnage contracted at Chinese shipyards.
Three Largest Container Lines In Talks With Chinese Yards Over 2029 Slots
The three largest container lines are in advanced talks with Chinese yards over mega-orders, with delivery slots stretching towards 2029.
Chinese yards take more than four-fifths of world newbuilding orders
China's shipbuilding industry strengthened its dominance in the first half of 2026, securing more than 80% of worldwide new orders and recording growth across output, orders and backlog simultaneously.
Product tanker deliveries set for a sixteen-year high
New deliveries of product tankers are forecast to reach 12m dwt in 2025, an increase of 256% from 3.4m dwt in 2024.
GTT expects 550 more LNG carriers to be ordered by 2035
GTT expects around 550 LNG carriers to be ordered by 2035, on top of an orderbook already equal to almost two fifths of the trading fleet.
Chinese shipyards smash annual newbuilding order record in just six months
Chinese shipyards booked more new tonnage in the first half of 2026 than in any previous full year, according to official data, tightening the country's grip on the global newbuilding market.
VLCC ordering smashes records in an 'astonishing' first half
Analysts report that very large crude carrier ordering hit a record in the first half of 2026, with the orderbook-to-fleet ratio climbing to around 35%.
Crude tanker orders hit record high
Crude tanker contracting has reached its highest level on record this year, driven by a surge of orders for very large crude carriers.
Container shipping is thinking small again
The containership orderbook is nearing 13m teu, but Alphaliner data shows carriers shifting decisively toward smaller feeder and mid-sized ships, with 74% of recent orders below 6,500 teu.
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