Market Analysis Articles
Raw Material Prices
Uptrend in containership orders
The global shipbuilders have been awarded orders for the construction of containerships for the last several months. The surge has continued this year with 1.7m teu contracted in under five months to 18 February, compared w...
Newbuilding price is increasing in February
With the year having just begun, the expectation on high newbuilding price is growing in the shipbuilding industry. As of the middle of February, according to industry source, Clarksons’ Newbuilding Price Index stands...
Korean shipyards make good start
Korean shipyards received orders for 910,000 cgt last January, accounting for the largest share of total ordering of any shipbuilding nation. In particular, they were awarded all the newbuilds booked around the world ...
Japanese yards’ 2020 exports down by 4%
Japanese shipbuilders were awarded new export orders of 879,930 gt (408,733 cgt) last December, representing a 4% year-on-year decline (in gt terms). According to the Japan Ship Exporter's Association (JSEA), Japa...
China is in top spot in 2020’s global new order
The China Association of the National Shipbuilding Industry (CANSI) recently revealed statistics on the Chinese shipyard’s January-December in 2020 performance results. From January to December this year, shipyards in...
Korea topped in new order in 2 years
For the first 12 months of 2020, Korean shipyards were awarded new orders of 8.19m cgt (187 units), out of 19.24m cgt (738 units) won by global shipyards. The Korean shipbuilding industry has topped in the world’s contracting rank...
Japanese yards see 16% growth in exports
Japanese shipbuilding industry won new export orders of 787,550 gt (363,763 cgt) last November, representing a 15.8% year-on-year increase (in gt terms). According to the Japan Ship Exporter's Association (JSEA), Japanese shipyards were ...
Looking back at 2020: Korean yards' scoreboard
While Korean shipbuilders still suffer from prolonged order slump and COVID19, the shipbuilding industry did not see a remarkable rebound in 2020. However, Korean 'Big3' shipbuilders showed strong performance in winning orders (mainly LNG carrier...
China’s NB orders on decrease
The China Association of the National Shipbuilding Industry (CANSI) revealed statistics on Chinese shipyard’s January-November performance results on December 18. From January to November this year, shipyards in China completed newbuil...
1/4 of orderbook is capable of running on alternative fuels
It turned out that more than one-quarter of the global orderbook is designed to use alternative fuels. Steve Gordon, managing director of Clarksons Research said, “LNG and LPG bunkering options are gaining traction as transitional steps on t...
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