Market Analysis Articles
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Korea targets No.1 in 2018 NB market
1H Newbuilding order intakes of global shipbuilding industry stood at 441 units at 35.1m dwt (12.3m cgt), showing 16% decrease y-o-y in terms of dwt. However, Korean shipyards have done much excellent work, taking the No. 1 place in dwt, cgt and ...
Japan's 1H export ship down by 2%
It turned out that Japan's cumulative ship export orders from January to June stand at 98 (4.44m gt, 1.96m cgt), down by 2.4% from the same period of 2017. Compared to the first quarter, Japanese shipbuilders' order intakes showed a down...
Korea topped in 1H 2018
Korean shipbuilding industry topped the global arena in 1H 2018, the first time in three years. According to Clarkson Research, among 12.34m cgt (441 units) of orders placed in 1H, Korea took 4.96m cgt (115 units), or 40% of the total, while C...
[Feature] How Korean yards doing in 1H 2018?
The Korean shipbuilding industry, which has managed to escape the worst order drought in 2016, is facing a lull entering Q2 2018. However, the industry has maintained its dominance over the gas carrier, tanker, and containership segment. Hyund...
Korean ship export declined in first half
Korea logged $51.23bn (yoy 0.089% decrease) of the export result, with $44.91bn of revenue (10.7% increase) and $6.3.2bn of profit (77th consecutive month) in June. The Ministry of Trade, Industry, and Energy (MOTIE) of Korea explained that yo...
JSEA: 'export increase by 10%'
Japanese shipyards’ new export ship orders by May this year accounted to a total of 80 units, 3.9m gt (1.67m cgt), improving 10% from the same time last year in terms of gt. This was relatively weak from 1Q yoy improvement. According to JSEA...
Korea monopolized gas ship deal by May
The global shipbuilding industry has scored a total of 337 units, 29m dwt (10.1m cgt) of newbuilding orders for the first five months of 2018, representing a 17% year-on-year downturn in terms of annualized dwt. According to Clarkson Res...
Korean ship export slowed down in May
Korea logged $50.98bn (yoy 13.5% increase) of export result, with $44.25bn of revenue (12.6% increase) and $6.73bn of profit (76th consecutive month) in May. According to the Ministry of Trade, Industry and Energy (MOTIE) of Korea, Korea expor...
Korea expects 38% decrease in delivery
Global shipyard output stood at 475 ships of a combined 30m dwt (11.9m cgt) in the four months. In the full year 2018, according to Clarkson Research, deliveries are forecast to reach 79m dwt, representing a 19% y-o-y decline compared to 2017...
Korean yards dominated gas ship orders
Global shipbuilding industry scored 252 units, 21.6m dwt (7.7m cgt) of orders for the first four months of 2018, representing a 22% year-on-year downturn in terms of annualized dwt. April has particularly been weak with only 40 units, 1.5m dwt of...
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