Market Information
Chinese NB orders fell by 48%
Amid long term depression cycle in global shipbuilding market, Chinese shipyards also show poor results in 2015. It has turned out that newbuilding orders won by Chinese shipbuilders from January to December last year decreased by nearly half yea...
2016-01-29 17:43:25
BDI breaks 300pt level first time ever
Following the historic downturn since the end of 2015, the Baltic Dry Index (BDI) has dropped to 300 point (pt) level for the first time ever.  BDI decreased to 394 pt on January 13, breaking 400 pt level for the first time ever, followed...
2016-01-22 17:21:48
BDI breaks lowest record again
Black clouds hanging over global bulker market have been more thickened even in new year.  After mark of 429 points (pt) on January 8, the Baltic Dry Index (BDI) started on January 11 at the level of 415 pt, recording an all-time low in s...
2016-01-15 17:09:58
BDI never knows end of line
The Baltic Dry Index (BDI) decreased to 468 points (pt) on January 5, breaking the historic record of 471 pt seen during December 16-17, 2015. By ship size, only Baltic Panamax Index (BPI) showed upturn by increasing by 2 pt against the previo...
2016-01-15 17:08:46
Korea-China ran neck and neck last year
Although China has kept the No.1 for four consecutive years since 2012 in newbuilding orders among the major shipbuilding countries last year, it has turned out that Korea occupied the world number one in order value. According to Clarkson Res...
2016-01-08 17:23:00
Korean ship exports maintain 2014 level
It has emerged that Korea recorded $527.2bn in exports in 2015, down by 7.9% year-on-year, and $436.8bn in imports, down 16.9%. The trade balance of last year was a surplus of $90.4bn, achieving record high. The Ministry of Trade, Industry &am...
2016-01-08 17:20:49
[Year-end report] Korean main yards won total $33.5bn
In 2015, Korean shipbuilding and offshore industry posted somewhat active order intakes in tanker and gas carrier sectors against a backdrop of increase in the demand for crude oil and gas transportation while seeing depression in offshore plant ...
2015-12-31 15:04:19
Chinese NB orders plummeted by 59%
Under the influence of a slowdown in global economy as well as historical depression in bulker market, it has turned out that newbuilding orders won by Chinese yards from January to November this year sharply dropped by 59% year-on-year.  ...
2015-12-24 16:22:39
Korea ranks No.1 in NB delivery
Till November this year, global shipyards delivered 1,717 newbuildings of a combined 91.20m dwt (34.40m cgt) in total, up by 7% year-on-year in annualized dwt terms.  According to Clarkson Research, tanker (over 10,000 dwt) delivery recor...
2015-12-18 17:45:02
Korea maintains No.1 in NB contracting
Korean yards ranked No.1 in global new order intakes from January to November, 2015, even though recovery is hardly seen in global newbuilding contracting activity. Till November this year, global newbuilding orders recorded 1,075 vessels of a...
2015-12-18 17:42:14
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