Containership orderbook set to breach 40% as smaller Chinese yards ride the wave
- Containership orderbook hits post-2010 high of 39%, with second-tier Chinese yards picking up orders as top facilities are booked through 2028
- Recent deals focus on feeders and mid-sized ships, but the backlog remains heavily skewed toward large vessels
- Whatever happens to diversions, smaller tonnage are seen as offering more structural opportunity given their lower orderbook ratios and clearer renewal demand
Containership orderbook nears 40%, though still short of the 50%-plus peak around the 2008 financial crisis
