WebApr 11, 2024 · The company has articulated a leverage target, on a gross debt to tangible equity basis, of 3.0x. Fitch believes MAHL's leverage target is appropriate in the context of the liquidity of the fleet profile, as 61.9% of the portfolio (74.6% proforma) is considered tier 1, which is relatively consistent with peers.
Did you know?
WebJan 11, 2024 · The fleet-to-orderbook ratio might be at a record low and scrapping of older tankers is accelerating, but new deliveries of tankers will weigh on rates. Some 340 crude, product, and chemical tankers above 10,000 dwt are scheduled to be added to the existing fleet of 14,485 tankers, according to data compiled by the consulting division of Lloyd ... WebThe global orderbook stood at 3,708 units of 222.5m dwt and 107.2m CGT at start December, having started the year as 3,913 ships of 224.0m dwt and 98.1m CGT. Although down in terms of number of units and fairly flat in dwt terms, total capacity on order in CGT has increased this year, and as the orderbook has evolved there have been plenty of ...
Web1 day ago · “Yes, the number of vessels in the orderbook is big. However the order book to fleet ratio is only at 20%, which is actually below the 20-year average,” Groeng said. After 2024, this figure ... WebOct 5, 2024 · Currently, two carriers with the largest orderbooks are CMA CGM and Evergreen, which belong to the same OCEAN Alliance. The Alliance already has a market share of 39.5% on the trans-Pacific and 38.7% on the Asia-Europe trade.
WebApr 10, 2024 · The company has articulated a leverage target, on a gross debt to tangible equity basis, of 3.0x. Fitch believes MAHL's leverage target is appropriate in the context of the liquidity of the fleet profile, as 61.9% of the portfolio (74.6% proforma) is considered tier 1, which is relatively consistent with peers. WebMar 29, 2024 · Container ships comprise 12%, and bulk carriers 22%, data show. While LNG carriers account for 3% of the total orderbook, the 160-plus ships on order represent the highest fleet-to-orderbook ratio for any segment, given the …
WebJun 3, 2024 · Ocean carriers have pushed the orderbook for new vessels to a multiyear high in 2024 thanks to the strength of the freight market and the dearth of surplus vessels. Please log in below to view the rest of this page. If you do not have an account, please register or subscribe below for access.
WebSep 10, 2024 · Rahul Kapoor, vice president of maritime and trade at IHS Markit, said “the orderbook-to-fleet ratio represents a return to ‘normalization’ in the market after ocean carriers starved themselves of new orders during several years of overcapacity. Indeed, the ratio sat at 10.7 percent for the preceding two years.” ... shark with broken jawWebAlphaliner, in its latest weekly newsletter, said the container ship orderbook-to-fleet ratio has reached a new low, having dropped to just 14.1 percent as of May 1, 2024. The ratio is noted to have been declining steadily since it peaked at 64.2 percent at the end of 2007. shark with bite markWebContainer shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass 15% as shipping lines pile on the tonnage with Alphaliner suggesting IMO’s 2050 decarbonisation deadline and ship lifespans are beginning to play into the minds of owners. shark with blade mouthWebJul 14, 2024 · There were 'well over' 300 vessel orders in the first half totalling 2.88 million TEU of capacity, shipping intelligence service Alphaliner said in a note to clients on Wednesday. The total orderbook stood at 4.94 million TEU of capacity as of June 30, up from 2.29 million TEU a year earlier. shark with a saw mouthWebJul 28, 2024 · “Although we are expecting eight more LR2s to hit the waters in 2024 than we did in 2024, the orderbook/fleet ratio, an indicator for future supply growth, remains at historically low levels ... shark with a laser beamWeb1990: Tanker Orderbook Exceeds 15% of Fleet End 1997: Orderbook Exceeds 15% of Fleet 1999: OPEC cutbacks. 15 Tanker Demand 4,000 5,000 6,000 7,000 8,000 9,000 10,000 ... Aframax TC Rate Orderbook / Fleet Ratio (right axis) 18 Scrapping Adjusts To Rates 0 3,000 6,000 9,000 12,000 15,000 18,000 21,000 24,000 shark with black spotWebFeb 22, 2024 · The report also says that the LNG shipping segment has the second highest newbuild vessel orderbook-to-fleet ratio at 23%. This is followed by the drillship segment, where the orderbook-to-fleet ratio is at 21%. Platform supply vessels (PSV) are also said to have a substantial orderbook-to-fleet ratio of 13%, the bulk of which are expected to ... shark with christmas hat