Market Analysis Articles
Raw Material Prices
"58% of yards' orderbook all delivered by 2018"
At the end of November this year, global newbuilding orderbook recorded 186.8m dwt (74.8m cgt, 3,036 units), which is 18% decrease by dwt since the start of this year. Also, it turned out that 58% of the orderbook is currently scheduled to be del...
Korea accounts for 34% in global NB deliveries
It turned out that shipyard in the world delivered 1,314 new ships of a combined 87.90m dwt (29.4m cgt) from January to October this year. Total deliveries in October stood at 59 vessels of 3.5 m dwt, the lowest monthly delivery level so far this...
Korea dominated September arena
Korean shipbuilding industry showed resilience, defending the first place of the global monthly newbuilding order in September. According to Clarkson Research, Korea ranked first in monthly orders with 1.46m cgt (26 units) in September. China ...
Korean ship·steel exports in positive trend
Korean exports amounted to $55.13bn in September of 2017, up by 35.0% from the same month last year. Also, imports rose by 21.7% year-on-year to $41.38bn, with the trade surplus recording a surplus of $13.75bn for the 68th consecutive month. M...
Steady NB deliveries slowed in Aug
While a total of global shipyard output from January to August, 2017, stands at 1,100 vessels of a combined 74.5m dwt (24.60m cgt), 63 units of 4.1m dwt were delivered in August, showing a slowdown compared to 105 units of 8.2m dwt delivered in J...
SHI dropped to 5th place in orderbook ranking
Italian shipbuilding giant Fincantieri has recently gained the fourth place in global orderbook ranking, dragging Samsung Heavy Industries. According to Clarkson Research, top 10 global shipyard groups in orderbook at the end of last Augus...
China reduced yoy drop through August
Chinese shipyards have reduced yoy drop in order intake from January through August, recording 11.3% yoy decrease at 15.85m dwt. Jan-Jul yoy drop was 25.1%. According to the China Association of the National Shipbuilding Industry (CANSI), Chin...
Korea dominates 41% of new orders in Jan-Aug
The global shipbuilding industry’s new orders signed from January to August this year amounted to 489 units, or 35.3m dwt (12.7m cgt), up 69% year-on-year in terms of dwt. According to Clarkson Research’s monthly re...
About 100 Kamsarmax BCs ordered this year
As Tsuneishi Shipbuilding is reported to win 14 Kamsarmax bulkers recently, it turned out that the number of such vessels which have been ordered throughout the world so far this year is close to 100. Including the ...
“Japan: Bulk of them are bulkers in August”
Japanese shipbuilders enjoyed the 8th consecutive month of yoy growth in order intake for export in August with robust August showing three figures yoy growth largely thanks to bulkers. According to Japan Ship Exporters' Association, or,...
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