Market Analysis Articles
Raw Material Prices
Korea ranked No.2 in NB orders
While the growth of new order intakes in global shipbuilding industry slows down in January 2019, prices of vessels in which Korean shipyards have strength (including LNG carrier) continuingly rise. According to Clarkson Research, ...
"Shipbuilders' recovery continued in 2018"
It turned out that a recovery trend continued in global shipbuilding industry last year, after hitting rock bottom in 2016 when shipyards suffered from order drought. Steve Gordon, Managing Director of Clarksons Research, has recently ex...
2018 global NB orderbook sees 4.6% downturn
Global newbuilding orderbook stood at 3,118 units, 207.8m dwt (79.9m cgt) as of the end of December last year, showing a decrease of 4.6% against a year ago in dwt terms. As of the end of December in 2018, according to Clarkson Research, the b...
Korea may see a slightly lower orders
A report predicted that 2019’s global newbuilding order would shrink slightly, while the overall recovery continues. The Overseas Economic Research Institute at the Export-Import Bank of Korea (KEXIM) predicted a 2.1% yoy degrowth in global ...
"Korea & LNG were conspicuous in 2018"
Clarkson Research Services has recently released an analysis report that notes gas energy and Korean shipbuilding industry were conspicuous in 2018. According to the report, the number of LNG carriers ordered last 2018 is 76, up sh...
CANSI encourages efforts for LNGC
Vessels of a combined 34.58m dwt were delivered from Chinese shipyards in full year 2018, representing a 14% year-on-year decrease, the China Association of the National Shipbuilding Industry (CANSI) announced on January 25. However, Chi...
2018 NB orders see 14% y-o-y decline
It turned out that, in full year 2018, 1,017 vessels of combined 76.6m dwt and 28.6m cgt were contracted, representing a 14% year-on-year decline in dwt terms. In cgt terms, however, the contracting saw a slight upturn, due in part to increased&n...
January ship export showed bumpy start
Korean export is slowing down in January due to a slow start in the semiconductor and shipbuilding industries. Korea Customs Service (KCS) announced on January 21 that by January 20, 2019, Korea exported $25.7bn of goods and services, which is...
"Greek owners and LNGCs are 2018 icons"
It turned out that LNG carrier orders and Greek shipowners' newbuilding rally relieved the pressure on scarce orders in shipbuilding industry last year. In 2018, according to Clarksons Research, newbuilds of 77m dwt were ordered, down by...
Japanese ship export drew a heavy-tail graph in 2018
It turned out that Japanese yards’ orderbook had shrunk in 2018 compared to 2017. They took new export orders for 20 ships of 1.3m gt, 470,000-cgt in December 2018, which is yoy 154% increase in terms of gt. The Japan Ship Exporters' Associa...
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