As we approach the final 9 weeks of the year, VesselsValue has put together data on the number of newbuilding orders which are still outstanding for delivery in 2017.

There are 2,440 vessels which have deliveries dates scheduled for 2017. However only 1,220 have hit the water so far this year, meaing 50% of the '17 orderbook is outstanding.

Vessel deliveries typically slow down towards the end of the year. If the owners wait a few weeks, allowing the delivery to slip into the new year, the vessel is considered a whole year younger. Many sectors can expect a high proportion of the orderbook to hit the water in future years.