Shipyard order backlogs are at such high levels that some newbuilding deliveries are likely to be delayed, pushing vessel handover dates forward and starting to impact berth availability in 2028.

Speaking on a webinar giving insights across the different shipping sectors, Fearnleys director and head of research Dag Kilen said Chinese shipbuilding capacity is very tight well into 2027 and the orderbook there is building out into 2028.