In the first half of 2024, the global market saw a total of 206 new bulk carrier orders, amounting to 19.976 million deadweight tonnage (DWT), marking a 22.0% year-on-year decline. However, Capesize bulk carrier orders surged by an impressive 180%, reaching 41 vessels and 8.957 million DWT, matching the annual levels of 2022 and 2023.
Top Players in Capesize Orders:
Eastern Pacific Shipping Pte. Ltd. (EPS), Singapore: Leading with 10 vessels, 2.103 million DWT, accounting for 23.5%.
China Merchants Group: Following closely with a 23.4% share.
Winning International Group, Singapore: Securing a 21.8% share.
（Details see the table below.）
by Xinde Marine News Chen Yang
Current Global Bulk Carrier Orders:
Total: 98.262 million DWT, representing 9.6% of the global bulk carrier capacity.
Capesize Bulk Carriers: The lowest fleet ratio with 7.2%.
Panamax, Supramax, and Handymax: Holding higher fleet ratios of 12.3%, 11.1%, and 8.9% respectively.
The significant growth in Capesize orders highlights the strategic shifts and emerging trends within the maritime industry. Stay tuned for more updates!
Data quoted from：Clarksons
Data quoted from：Clarksons
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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