Market Information
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...
2014-02-19 17:13:22
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...
2014-02-19 17:11:48
'Not yet, ripe' for recovery
Amid last year’s Chinese newbuilding orders reaching 69.84m dwt, skyrocketing by 242% year-on-year, Wang Jinlian, Secretary General of China Association of the National Shipbuilding industry (CANSI), said this is attributable to 2012’s record of ...
2014-02-10 12:25:52
Oil & Gas "Belt Tightening"
20. January 2014, Svein Inge Leirgulen; Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according to new research published today by DNV GL,...
2014-02-10 12:25:09
China, “Stable Development in 2013”
For Chinese shipbuilding industry, the year of 2013 was somewhat difficult time when they responded to new international regulation policies related to ship and so on, still being affected by global financial crisis, however overall, it is evaluated ...
2014-02-10 12:24:02
Chinese profit keeps falling
During the period from January to November, 2013, Chinese shipbuilding and related companies over certain sizes totaled 1,664 and operating profits of these turned out to have recorded CNY 600.1bn ($99.2bn), down by 3.6% year-on-year. Of which, ...
2014-02-10 12:23:05
Korean S&Ms, 'Slow Streaming'
Korean medium- and small-sized shipbuilders are estimated that they might not reach a new order record posted last year when sharp recovery was seen in new contracts. Senior researcher Yang Jong-Seo of the Overseas Economic Research Institute at...
2014-02-10 12:20:53
Koreans smooth sailing in Jan.
During January 2014, newbuilding contracts awarded at global shipbuilders were calculated at 3.70m cgt (153 newbuildings of 12.69m dwt) and, of which, Korean yards bagged orders of 1.68m cgt (6.53m dwt). The global newbuilding orders turned out to ha...
2014-02-10 12:20:05
Commercial ship orders skyrocketed
Global newbuilding orders placed in 2013 are estimated to be valued at $103.8bn, which represents an increase of 16% compared to a year ago. According to Clarkson Research, value of bulker orders stood at $26.2bn, greatly increasing from $9.5bn ...
2014-02-10 12:19:12
Merchant ship orders on recovery
In 2013, global newbuilding orders were recorded as 2,206 vessels of a combined 48.70m cgt, sharply growing from 1,440 vessels signed the previous year. And top three commercial vessels like bulker, tanker and containership, turned out to have led th...
2014-02-10 12:18:27
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