Orderbooks in the Americas are at historic lows as activity at the US and Brazil, the region’s two largest shipbuilding nations, has dipped to record lows.

As of 1 November, 11 shipyards within South America’s largest country are working on 22 units for the offshore sector, according to Clarksons’ latest World Shipyard Monitor. That is the lowest level since the Clarksons data started tracking Brazil for a country that was once the world's second largest shipbuilding market.