Market Analysis Articles
Raw Material Prices
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,...
Korea wins back first place in Aug
Korean shipbuilding industry has surpassed China in three months and reached the top of the global monthly newbuilding order. According to Clarkson Research, Korea ranked first in monthly orders with 130,000 cgt (9 vessels) in August, and Chin...
China takes 41% share of global NB deliveries
It emerged that a total of global shipyard output from January to July, 2017, stood at 1,003 vessels of a combined 68.60m dwt (22.60m cgt). In July only, particularly, 105 vessels of a combined 8.20m dwt reported delivered throughout the world, c...
NB orders show 76% yoy increase
2017 newbuilding order intake of global shipbuilding industry through July is estimated to be 409 units at 31.4m dwt (11.3m cgt), showing 76% yoy increase in annualized basis. According to Clarkson Research, annualized global tanker newb...
“Steady delivery and drying orderbook”
Global shipbuilders so far this year have delivered a steady amount of ships while recording poor results of order intake, draining orderbook overall. From the beginning of this year, newbuilding delivery has stayed in high place so far ...
NB investment up by 58% y-o-y
The global shipbuilders' newbuilding activities have still been maintained at a low ebb this year even though they are getting better slightly compared to 2016. However, the shipbuilders' order value is showing a rising trend. So far this year...
Chinese yards' orderbook dropped by 31%
Chinese shipyards are continuingly seeing declines in their new order intakes and backlog. According to the China Association of the National Shipbuilding Industry (CANSI), Chinese shipbuilders' orderbook stands at 80.28m dwt as of July ...
Tanker demolition exceeds last year's
Demolition volume of tankers is already past 2016 level. According to the UK ship broker Alibra Shipping, 24% of the tankers weighed in this year have been sold by Greek owners, a sharp rise from their 10% contribution in 2016. The br...
Japan soars 227% in July export ship deal
In July, Japanese shipbuilders soared with a three-figure yoy increase in ship export deals. This is the 7th consecutive month that they have achieved a better result than the same time period last year. According to recent statistics fr...
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