Clarksons Research Cuts Forecast for 2025 New Ship Orders Amid Market Slowdown

Clarksons Research: Revises Down Forecast for New Ship Orders This Year

Clarksons Research recently released its spring report titled "Shipping and Shipbuilding Forecast." Clarksons Research has revised down its forecast for new ship orders for the full year of 2025, currently predicting that the annual new ship orders in 2025 will decrease by approximately 30% from the high level of 2024, with forecasts for major ship types all adjusted downward.

Clarksons Research stated that the pace of global new ship orders at the beginning of 2025 has slowed down. The market sentiment for new shipbuilding has been affected by a combination of broader geopolitical uncertainties, particularly US policies, and a somewhat weaker performance in the shipping market.