Although there is a little light at the end of the tunnel with respect to the development of world shipbuilding, this industry is still in the doldrums. On the one hand most recent figures published by CRSL a strong increase of new orders throughout the first half of 2017 compared to the same period in 2016. To be accurate, the number of new ordered ships as well as the cgt volume grew by 57 %. Based on the fact, that mostly tankers were ordered, the dwt numbers were even higher with +362%. On the other hand there is still a decline of around 25% in all categories of the actual order book compared to figures of last year's July. As of July 1~(st) 2017 a number of 2484 ships totalling 180 million dwt and 69 million cgt were on order.
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