Market Analysis Articles
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Korea topped NB order sales for four months in a row
While shipyards in the world win newbuilds of a combined 20.06m cgt from January to November this year, representing a 37% year-on-year decrease, Korean shipbuilding industry maintains its top place in the new order sales sector for four consecut...
2% downturn seen in Japan's ship exports
Japanese shipyards saw a 2.2% year-on-year decline in their new export ship orders last October. According to the Japan Ship Exporters' Association (JSEA), in October, shipbuilders in Japan were awarded 14 vessels of a combined 835,100 gt...
China's NB orders nearly halved
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics that shows business results its compatriot shipbuilders made from January to October this year. According to the statistics data, Chinese shipb...
Korea topped NB orders in Jan-Oct
Global shipbuilders were awarded newbuilds of a combined 17.69m cgt from January to October this year, down by 38% over the same period in the previous year. It also turned out that, during the same period, Korean shipyards occupied the first p...
Japan sees 26% up in ship exports
Japanese shipyards saw a 26% year-on-year increase in their new export ship orders last September. For the first nine months of 2019, however, their new orders plummeted by 7% y-o-y. According to the Japan Ship Exporters' Association (JSEA),...
China's NB orders reach highest since April
The China Association of the National Shipbuilding Industry (CANSI) has recently released a statistic report that represents the business results its compatriot shipbuilding industry made for the nine months to September 30, 2019. According...
Korea comes 2nd in global NB contracting
From January to September this year, the volume of new orders placed at shipyards in the world showed a 43% year-on-year decline, while Korea ranked the second in global contracting, following China. According to Clarksons Research, in Septemb...
China's NB orders down by half
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyards' Jan-Aug business results on September 20. According to them, new order intakes of Chinese shipbuilding industry dropped sharply again af...
Japan ship export plummeted in August
Japanese ship export plummeted by 64% in August, a data showed. It seems uncertainties from the Middle East and US-China trade conflict, as well as strong JPY are giving the industry hard times. Jan-Aug accumulated order intake also has decreased...
Clarksons' market outlook report coming soon
Recently Clarksons Research published the executive summary from their forthcoming semi-annual report ‘Shipping Review & Outlook’, which will be soon be available on the Shipping Intelligence Network. Introducing the summary, Steve Gor...
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