Market Analysis Articles
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Korea topped NB orders two months in a row
Against a backdrop of increasing new ship orders all around the world, Korean shipyards have topped global order intakes for two consecutive months. For the first five months this year, also, they beat Chinese shipbuilders and were ranked number ...
Japan accounts for the largest orderbook
Japanese shipowners have achieved the global top across all owner nationalities, in terms of gt. Clarkson Research said through the recent report, "Following the boom in ordering preceding the global economic downturn, the orderbook stood at i...
1Q NB order intakes poorer year on year
In the first three months of 2017, there have been newbuilding contracts for ships of a combined 4.95m gt reported placed globally, down by 30% year-on-year. It represents poorer results than even 2016 when the worst order intakes ever were recor...
Prices of main ship types rebounded
After a severe order drought, the condition of Korean shipbuilding industry is starting to show signs of recovery on the strength of the rising prices of main ship types. After an increase in bulker prices last month, according to Clark...
Korea ranked No.1 in NB delivery
Newbuilding delivery of global shipbuilders during the first four months of 2017 totaled 556 vessels and 39.3m dwt (12.60m cgt), slightly up from the same period last year. However, the annual delivery in 2017 is expected to be 94.60m dwt, 6% les...
China NB orders fall 52% Jan-Apr
Newbuilding orders awarded at Chinese shipbuilding industry in January - April 2017 fell by 52% year-on-year to 6.65m dwt. According to CANSI data, newbuilding delivery of Chinese shipyards during the four months period increased by 72% to 18....
Korea leads new orders in Jan-Apr
Korean shipbuilders are booming in the newbuilding market early this year, with 4.6m dwt orders out of a combined 10.7m dwt awarded at Asian shipbuilders from January to April, 2017. Clarkson Research says through the latest report that the gl...
Korean shipping companies seek Chinese yard
Of the 20 vessels ordered by Korean shipping companies this year, seven vessels are built domestically while the remaining 13 vessels are built at Chinese shipyards. The proportion of orders placed in the domestic market is 35%, much lower than t...
HHI wins back 1st place in group orderbook
Global shipbuilders' orderbook totaled 3,290 vessels and 192.10m dwt (78.20m cgt) as of the end of April, 2017. The amount (in dwt terms) showed a 14% downturn against the beginning of the year, representing the lowest record since 2004 also. ...
Japan export ship order up 223%
Japanese shipbuilders have recorded more than three digits from the same month last year in export ship orders in April this year, and monthly contracts outperformed the previous year for the fourth consecutive month. According to the Japan Sh...
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