Clarksons Research
Clarksons Research at World Data Ocean is a file of 2 stories. The newest of them: “Recycling declines 13% as high freight rates keep aging vessels in service” and “Shipbuilding Orders Surge, Signaling Accelerated Maritime Growth.”. A 13% decline in ship recycling this year signals a troubling shift in maritime economics. The global shipbuilding orderbook is climbing at a 27% year-on-year rate, the fastest pace since the 2008 financial crisis. A Global Hub for Ocean Intelligence 4 World Data Ocean is a centralized digital platform where researchers, scientists, and ocean enthusiasts converge to… The list below is every Clarksons Research story on World Data Ocean, newest first.
Recycling declines 13% as high freight rates keep aging vessels in service
A 13% decline in ship recycling this year signals a troubling shift in maritime economics. High freight rates are incentivizing owners to keep aging vessels in service rather than sending them for scrap. This postpones much-needed fleet modernization and extends the operational life of less efficient ships. Understanding these market forces is critical for measuring progress across the sector. For deeper insights into vessel design innovation, read our coverage of Wallenius Marine's WinPrOVeDD project.
Shipbuilding Orders Surge, Signaling Accelerated Maritime Growth.
The global shipbuilding orderbook is climbing at a 27% year-on-year rate, the fastest pace since the 2008 financial crisis. That is a decisive signal, not a blip. It points to a maritime sector gearing up for sustained demand, likely tied to fleet renewal and shifting trade routes. We read this as a measured vote of confidence in ocean commerce's trajectory.