With data for activity in the global shipbuilding industry now available for 2024, MSI’s Stuart Nicoll estimates that global newbuilding contracting for all ship types was 133m GT, with a more even spread among the main sectors than in recent years.
Collation of the latest data couldn’t have been better timed, given the recent release of the United States Trade Representative (USTR) report on China, which outlined proposals to undermine Chinese shipbuilding, while raising cash to boost the US industry. Read more at gCaptain.
