Market Information
"Global 1Q NB orders stand at 90 only"
It turned out that global shipbuilding industry was awarded about 90 newbuilds only from January to March this year, which has been halved compared to 196 units booked during the same period of 2019. Such a weak order intake is expected to contin...
2020-04-09 09:13:10
26% upturn seen in NB orders in March
While shipyards in the world win newbuilds of a combined 720,000 cgt in March this year, representing a 26% (570,000 cgt) year-on-year increase, China took the first place by winning 650,000 cgt (17 units, 90%), followed by Korea (300,000cgt, one...
2020-04-09 09:09:49
Korean ship exports decrease
The Korean industry exported $46.91bn (0.2% year-on year decrease), imported $41.87bn (0.3% y-o-y decrease), earning $5.04bn, recording 98th consecutive profitable month in March.  The Ministry of Trade, Industry and Energy (MOTIE) asse...
2020-04-08 09:14:16
Korean 'Big 3' sees poor NB orders
It turned out that accumulated total value of orders won by domestic ‘big 3’ shipyard is $1.6bn from January to March 2020, achieving just 5% of their annual target. According to industry sources, it is 53% less than the previous year...
2020-04-08 09:10:39
More than 4000 vessels with scrubbers
There are around 4,000 vessels fitted or will be fitted with a scrubber as of March 2020, according to DNV GL classification society data. Interest in scrubbers peaked in 2018 and 2019 ahead of the implementation of the International Maritime ...
2020-04-03 09:43:58
Boxships&car carriers weaken in shipping market
While COVID19 sprayed widely, container ships and car carriers sector will be weakening in the shipping market.  Stephen Gordon, Managing Director of Clarksons Research expected that these sectors have "deepened" over the past weeks as we...
2020-04-01 09:55:17
China saw a 41% upturn in NB orders from Jan to Feb
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyard's Jan-Feb business results on March 18. From January to February this year, shipyards in China completed newbuilds of 4.67m dwt, down b...
2020-03-31 09:18:09
Japan 7% downturn in export ships orderbook
Japanese shipyards saw a 7% decline in their new export ship orders February (year-on-year). According to the Japan Ship Exporter's Association (JSEA), in February, shipbuilders in Japan were awarded 12 vessels of a combined 665,000-gt(ar...
2020-03-31 09:12:21
"Global offshore orderbook still low levels"
The offshore orderbook accounts for only 4% as a share of the global fleet against the backdrop of depressed markets. Analyst Ivan Rumynin at Clarksons Research said that offshore contracting is "extremely low levels" for several years. Rum...
2020-03-17 09:13:18
LNG carriers needed for next 10 years
It turned out that France GTT has presented market prospects for the mid and long-term in various fields.  The France company expected that the LNG carrier sector will need 285 to 305 ships over the next 10 years. It expected that orders ...
2020-03-16 09:12:08
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