Newbuilding order volumes shrank by 39% in deadweight terms in 2022 despite record ordering of LNG carrier newbuildings, according to Clarksons.

Despite improving charter markets, tanker orders fell by 64% to just 8.3m dwt, while bulker orders dropped 54% to 23.9m dwt.

Clarksons said ordering in 2022 was dominated by LNG carriers with a record 182 vessels, or 36% of the orderbook in cgt terms.