Market Information
European yards, "not dead yet"
It is suggested that global shipbuilding and shipping markets are now returning to ‘a more healthy balance’of supply and demand and global influence of European marine equipment industry is still strong. DNV GL’s CEO of maritime Tor Sven...
2014-06-02 17:11:31
China, "still lag behind in offshore"
Although it is true that fast-growing Chinese yards’chase is quite fearful even in offshore sector as well as shipbuilding, Chinese shipbuilding industry is said to be still lagging behind from its rivals such as Korea and etc. in terms of offs...
2014-06-02 17:10:15
NB delivery to decrease 9%
In this year to April, 213 global yards delivered 32.40m dwt (604 vessels of a combined 11.80m cgt) and Top3 builders, China, Korea and Japan, accounted for 93% of the total amount. According to Clarkson Research, 37 Asian yards excluding th...
2014-05-27 10:28:12
NB orderbook surged 19%
As of the end of April, global newbuilding ordebrook recorded 305m dwt (5,171 units of a combined 109.70m cgt), up as much as 19% year-on-year. According to Clarkson Research, bulker orderbook increased by 13% y-o-y to 162m dwt (1,970 vessel...
2014-05-27 10:27:27
Global NB order down 14%
Global newbuilding orders turned out to have recorded 46.20m dwt (661 units of a combined 14.50m cgt) during the first four month of 2014, down by 14% on an annualized basis. According to Clarkson Research, of the new orders, bulker accounte...
2014-05-27 10:26:33
Pessimism about yards, “excessive”
It is suggested that excessive pessimism about every yard is immoderate. Analyst Lee Sang-Won at KB Investment & Securities of Korea said on May 19, “During last week, a total of 43 newbuilding orders were placed, up 26.5% from the pre...
2014-05-27 10:25:35
“Overdose in ordering is back?”
While the imbalance between supply and demand in global newbuilding order keeps unsolved till now since 2007, the overdose in ordering is suggested to be reappearing again. Drewry said at its latest report of ‘Tanker Forecaster’, “As n...
2014-05-27 10:24:45
Japanese export ship delivery down
In Japan, overall 22 vessels of 850,000 gt (400,000 cgt) went through customs in April, which decreased by 1% from the same period last year.  According to Japan Ship Exporters' Association (JSEA), Japanese accumulated export declaratio...
2014-05-19 17:54:41
Strong won aggravates yard profitability
In a study of 120 large enterprises involved in manufacturing industry, conducted by the Federation of Korean Industries (FKI), the break-even exchange rate (won-dollar) of Korean manufacturing industry turned out to be KRW 1,052.3 ($1.03). &n...
2014-05-19 17:53:13
Global NB delivery down 20%
For the first three month of 2014, global shipyards delivered newbuildings of a combined 18.01m gt (739 units), down 20% compared to the corresponding period a year ago.   According to data from IHS, China delivered 230 newbuildings of 6...
2014-05-19 17:51:21
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