JAYA: The current record high global shipping orderbook may
create long-term oversupply problems in the dry-bulk, container
shipping and tanker sectors, according to Drewry Shipping
director Nigel Gardiner said base-case projections indicated
that the newbuilding requirement to satisfy incremental
increases in ship demand and the need to replace scrapped ships
by 2013 would be about 97 million compensated gross tonnes (cgt).
the current orderbook and scheduled deliveries for this period
was double that figure, he said in a statement on the Drewry
New World Shipbuilding Review and Forecast 2009/10 report.
projected newbuilding requirement rises to 120 million cgt over
the period 2014 to 2018 and to 139 million cgt up to 2023.
periods, the newbuilding requirement is quite large because of
the need to replace ageing parts of the world fleet,” he said.
he said the more intense focus was on the next five years, when
the dry-bulk sector provided a good example of the problems
confronting shipbuilding and shipping alike.
there were 6,864 bulk carriers, or 422 million deadweight tonnes,
in service early this year.