CLARKSON REPORTS PLUNGE IN CONTAINERSHIP ORD

CLARKSON REPORTS PLUNGE IN CONTAINERSHIP ORD

   Clarkson, the London-based shipbroker, reported a 37-percent fall in the
money invested in new containerships by shipping lines and charter owners
in the first four months of the year.
   Clarkson Research, the research arm of the company, estimates that $1.3
billion was committed for new ship investments through April.
   The company reported in its Container Intelligence Monthly publication
that 33 ships were ordered in the first four months of the year. In total
TEU capacity terms, this represented a fall of 19 percent.

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