Chinese and South Korean yards have increased their already dominant grip on the world orderbook thanks in part to the surge in LNG carrier and containership newbuildings, according to Clarksons.

The two Asian shipbuilding powerhouses now account for 76% of the orderbook in compensated gross ton (cgt) terms the highest share for two countries in the modern era.

Chinese yards now account for 42% of the orderbook, some 40.4m