High value passengership orders have seen the German shipbuilding orderbook swell while almost every other country faces a dearth in contracting.
Clarksons’ figures show the orderbook has grown by $500m in value during the first three months of this year to stand at $11.2bn, making it the most valuable in Europe. Next closest is Italy with $8.9bn.
In compensated gross tons (cgt), which takes into account vessel complexity and labour input, the German orderbook weighs in at 1.9
