Market Analysis Articles
Raw Material Prices
NB market keeps recovering
During January 2014, 153 newbuildings of a combined 12.70m dwt (3.70m cgt) were ordered, continuing recovery trend seen from last year. According to a report released from Clarkson Research Services on January 18, new orders were placed last mon...
NB price uptrend, ‘continuing’
Early this year, Clarkson’s newbuilding price index turned out to have continued uptrend as recovery status of newbuilding market has continued since last year. Continuing uptrend for eight consecutive months, the index was recorded as 135.2pt...
Korean shipbuilders monopolize 'Top5'
In orderbook ranking by global shipbuilder, Korean yards turned out to have swept the first five places. According to a newly released report of Clarkson Research Services, Hyundai Heavy Industries won the first place in global orderbook ranking...
China, No.1 in Offshore
Chinese shipbuilding industry is leading in offshore sector as having accounted for as much as 35% among global newbuilding orderbook for offshore-related vessel. According to data of BRL Shipping Consultants released at Annual Offshore Support ...
Jiangsu continues on top spot
In 2013, shipbuilders based in Jiangsu Province of China turned out to have continued being on No.1 spot in China in terms of three shipbuilding indexes, delivery, new orders and orderbook, for the seventh consecutive year. According to China's ...
Chinese ship export fell 25%
During 2013, China posted $31.04bn in ship exports and imports, down by 24.2% year-on-year and the average price per unit turned out to have declined by 23.8% apiece, compared to last year. Among this, the value of ship exports was recorded as $...
Active ship investment in Jan.
Despite unfavorable shipping market condition where a slowdown was brought about again in bulker market early this year, global newbuilding and secondhand ship market turned out to have been very active. According to shipbroker industry, a total...
Offshore maintenance market growing
It is said that a total of $672bn will be spent in offshore maintenance, modifications and operations services over the five years till 2018, up by around 31% compared to the past five years (2009-2013). Douglas-Westwood (DW) forecasted throug...
ROV sees increasing demand
As activities in offshore environment are getting more complex with the volume increasing, demand for Remotely Operated Vehicles (ROVs) is also growing since they are critical in energy industry for deepwater resource exploration and development. Inv...
Japanese ship export skyrockets
Japanese shipbuilders contracted a total of 26 newbuildings of 1.43m gt (658,195 cgt) for export in January 2014, which is 171% up against the same month a year ago in GT terms. This represents the fifth consecutive month of recording over 1m gt.&nbs...
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