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Global yards' orderbook reaches low in 17 years
Global shipyards' orderbook of bulker, containership and crude carrier is the lowest for 17 years. The Baltic and International Maritime Council (BIMCO) has recently noted that there is a slow trend in global new order sales market and n...
2020-08-14 09:08:24
Korea topped in global NB orders in July
While shipyards of the world won 24 newbuilds of a combined 680,000 cgt in July this year, Korean ones were awarded 500,000 cgt (12 units, 74% of world's total order intakes), taking the first place in global new order sales ranking. For...
2020-08-14 09:06:32
"Korea took 2nd place in 1H NB orders"
VesselsValue & Seasure Shipbroking has recently released its summary for global shipbuilding market in the first half of 2020. Park Hong-beom, head at the Korean branch of VesselsValue & Seasure Shipbroking, said, "Shipyards in the wor...
2020-08-12 09:11:07
"Container shipping market on road to recovery"
The volume of unemployed containerships around the world has fallen short of a 2m teu level for the first time in four months. As of July 6, according to Alphaliner, the number of global idle boxships is 375 (of a combined about 1.8m teu), dow...
2020-08-11 09:16:56
Japan sees 38% downturn in export ship orders
It emerged that Japanese shipyards were awarded 66 new export orders (about 2.94m gt, 1.38m cgt) last June, representing a 38.2% year-on-year decrease (in gt terms). By ship type, the new vessels consist of 45 bulkers, 14 tankers, 7 general freig...
2020-08-11 09:15:02
"No inquiries on large boxship order"
While Korea and China are fiercely competing to win rare new orders in global shipbuilding industry, inquiries on the construction of containership are completely dead in the market. Choi Kwang-sik, researcher at Hi Investment & Securities...
2020-07-21 09:10:58
Newbuilds orders reached a 10-year low
Shipyards in the world win newbuilds of a combined 820,000-cgt (30 units) in June this year, showing upturn 26% against a month ago. In comparison with June in 2019, the figure was just 51% of the last year’s record. In June 2020, orde...
2020-07-09 09:09:30
"Bearish trend continues in NB price"
The rebound trend of newbuilding price in global shipbuilding market is hardly be seen amid unfavourable factors including the Covid-19 outbreak. Choi Kwang-sik, a researcher at Hi Investment & Securities, has recently noted, "Global...
2020-07-01 09:10:35
Japan sees export orders also down in May
It turned out that Japanese shipyards were awarded 58 new export orders (about 2,600,000 gt, 1,215,430 cgt) last May, representing a 35.8% year-on-year decrease (in gt terms). The slump in new orders has continued since the beginning of this year...
2020-06-29 09:17:57
China’s shipyards suffered from stagnation
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyard’s Jan-May business results on May 15. From January to May this year, shipyards in China completed newbuilds of 13.32m dwt, down...
2020-06-26 09:14:27
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