Market Information
Korea remained at top of NB order ranking
Korean shipyards accounted for over 60% of the order sales of global shipbuilding industry (30 vessels of a combined 1.64m cgt) in cgt terms last November, remaining in the first place.  In new ship orders accumulated from January to Ju...
2020-12-15 09:11:03
Tanker delivery hits lowest in 6 years
While shipowners are expected to delay deliveries against a backdrop of weak rates, the number of new tankers will hit the lowest level since 2014. French Alphatanker expects that 171 tankers will be delivered in 2020. Also, 25 new ships origi...
2020-12-10 09:07:52
Korean mid-sized yards in order slump
Korean mid-sized shipbuilders won seven new vessels (two tankers, two feeder container vessels and three small-sized chemical tankers) for the third quarter of 2020, showing a 19.7% year-on-year decline in new order intakes during the same peri...
2020-12-09 09:07:58
Japan sees 12% y-o-y downturn in NB exports orders
Last October, new vessels of 735,450 gt (325,448 cgt) were secured in Japanese shipbuilders' new export ship orders, showing an 11.9% year-on-year decrease (in terms of gt). The Japan Ship Exporter's Association (JSEA) has recently issued the ...
2020-12-08 09:08:41
Upstream continues on LNG dual-fuel ship
The number of LNG dual-fuel tankers will overtake the number of LNG-ready tankers because the number of ship owners that trust LNG as a bunker fuel is increasing. According to Simpson Spence Young (SSY), the number of LNG dual-fuel tankers o...
2020-12-02 09:07:30
Decrease in China's NB orders eased
The China Association of the National Shipbuilding Industry (CANSI) revealed statistics on Chinese shipyard’s January-October performance results on November 18. From January to October this year, shipyards in China completed newbuilds of 30...
2020-11-26 09:18:34
Orders in the shipbuilding industry increasing
Korean domestic shipbuilding orders have increased since September 2020. According to Clarksons Research, Korean shipbuilders were awarded new orders of 720,000 cgt (13 units), representing 69% out of 1.04m-cgt vessels booked at global shipy...
2020-11-25 09:06:55
Uncommitted LNGCs on orderbook are 1/4
It turned out that over a quarter of all LNG carriers that are being built at global shipyards are uncommitted. Tristan Jones participated in Madrid LNG & Shipping Forum held in Spain. And he disclosed that 26% or 31 of the 120 LNG newbuil...
2020-11-23 09:10:08
Korea keeps top place in global NB orders
Korean shipbuilding industry won over two thirds of newbuilds ordered last October (30 vessels of a combined 1.04m cgt), holding down the top spot in global new order sales for four consecutive months.  In new ship orders accumulated from...
2020-11-16 09:06:05
Plenty of idle ships can enter into service immediately
Even though the global orderbook in the tanker sector could record a multi-decade low, still hundreds of inactive tankers are ready to enter into service immediately. According to industry sources and TradeWinds, the number of idle ships over ...
2020-11-09 09:12:10
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