In a new 200-page report, Drewry Shipping Consultants said that the global orderbook is the biggest in history, creating a danger of long-term oversupply in several - perhaps most -industry sectors.rnDrewry said that the situation could be compared with the large tanker market in the early 1970s, where a glut of ordering skewed the market for decades. That mistake seems to have been repeated in recent years, only on a wider scale and across dry bulk and containerships as well as tankers.rnDrewry has established three likely scenarios for shipbuilding demand between now and 2023.
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