The world’s top 10 shipbuilding groups have increased their share of the newbuilding orderbook from 40% to 71% in the last decade, according to analysis by broker Clarksons.

The figures illustrate the growing consolidation trend in the shipbuilding market over the last 10 years and recent increased contracting activity for larger ships.

The orderbook shared by the top 10 shipbuilders amounts to 1,558 ships of 60m cgt.