Market Information
Offshore rig operating rates rebound
It is noteworthy that the offshore drilling facility utilization rate has rebounded in four years in the wake of the ongoing drop in global oil prices, which led to the loss of orders for offshore facilities and the delayed delivery of existing o...
2017-03-31 17:19:00
China still needs more new orders
Chinese shipbuilders are seeing an upturn in new ship contracting early this year on the strength of a slight recovery trend in the global shipping industry. However, a decrease in their backlog still continues while the overall industry conditio...
2017-03-24 17:36:23
NB deliveries dropped sharply in Feb
It emerged that 301 newbuildings of a combined 23.2m dwt (6.9m cgt) were delivered into the world fleet from January to February, 2017, representing a 12% increase in dwt terms, compared to new ship deliveries recorded during the same period a ye...
2017-03-24 17:32:12
Japan shows strength despite orderbook downturn
The global newbuilding orderbook stood at 3,452 units, 202.60m dwt (81.20m cgt) as of the end of February this year, a decrease of around 30% against a year ago. Clarkson Research reported that the decline in the orderbook comes from the weakn...
2017-03-24 17:29:04
Global NB orders almost doubled
In this year to February, newbuilding order intakes of global shipyards recorded 68 vessels of a combined 3.4m dwt (1.8m cgt), increasing by around two times year-on-year on an annualized basis in dwt terms. According to Clarkson Research, ord...
2017-03-24 17:27:06
Japanese export ship orders up
The number of ships won by Japanese shipbuilders for export has remained at a single figure last February also. According to Japan Ship Exporters' Association (JSEA), its compatriot shipyards were awarded a total of nine new ships (654,700 gt)...
2017-03-17 17:11:38
Global NB sales double in February
Global shipbuilding industry's new shipbuilding orders in February 2017 doubled from the previous month.  According to Clarkson Research, newbuilding orders in February totaled 1.21m cgt, or 34 vessels. This was more than doubled from Jan...
2017-03-10 17:29:51
Korea NB deliveries down by 16% in Jan
It turned out that global shipyards delivered 222 newbuildings of a combined 17m dwt (5m cgt) in total, up by 37% year-on-year in dwt terms in January this year. It is also the highest level of deliveries recorded in the first month of the yea...
2017-02-24 17:20:02
NB orderbook falls 14 months in a row
The global orderbook stands at 207.30m dwt (81.90m cgt, 3,481 units) as of the end of January, 2017, showing a 7% downturn in dwt terms compared to the end of last December, as well as continuing its decline for 14 consecutive months. Accordin...
2017-02-24 17:18:19
Newbuilding order cliff to ease?
It has turned out that global shipbuilders' newbuilding orders declined sharply at the beginning of this year. According to Clarkson Research, the global shipbuilding industry's newbuilding orders totaled 31 vessels and 1.40m dwt (600,000 cgt)...
2017-02-24 17:16:38
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