Market Information
BC fleet enters “Resting phase”
As global bulker fleet has recorded continuous growth and its number hit 10,000 units as of January 2014, the fleet growth is expected to slow and finally enter ‘resting period’. According to Clarkson, the number of global bulker (>10,000...
2014-04-09 10:30:03
Global NB orders slow in March
Amid slowdown in global newbuilding orders last month, newbuilding contracts of Korean shipbuilders also greatly shrunk in March compared to a year ago. According to Clarksons, Korean shipyards signed new orders of a combined 430,000 cgt (13 uni...
2014-04-09 10:29:11
Korea sealed $12bn newbuilds in Q1
During the first quarter of this year, Korean shipyards turned out to have recorded $12bn new orders in shipbuilding and offshore plant sectors. Hyundai Heavy Industries (including Hyundai Samho Heavy Industries) inked around $5.5bn worth new co...
2014-04-09 10:28:32
Offshore E&P, ‘Temporarily Slows’
There is a growing interest in how declined utilization rate of offshore drilling facility and reduced exploration expenses of energy companies affect Korean companies’ performance in offshore plant contracts. Global Core Research Center for...
2014-03-20 16:14:02
Japan ship exports jump 1,080%
Japanese shipbuilders contracted a total of 47 newbuildings of 1.97m gt (937,275 cgt) for export in February 2014, which is 1,080% (in GT terms) up against the same month a year ago and the second largest record since March 2013 when 49 newbuildings ...
2014-03-20 16:11:57
NB orders keep picking up
Global newbuilding prices has kept its uptrend as well in February, following January. In February, commercial-ship contracting in the global shipbuilding industry declined, while orders for offshore segment showed active. During the month, newb...
2014-03-20 16:11:13
FLNG market to kickstart growing?
The market of floating LNG or “FLNG” is highly prospected to grow further and the number of floating LNG (FLNG) operational units is estimated to be as many as 16 units by 2020. According to a recent report by Clarksons, the FLNG unit, havin...
2014-03-20 16:10:38
Chinese NB price uptrend
Chinese newbuilding prices turned out to have continued uptrend during January, according to the local shipbuilding industry. Statistic data of China Water Transport said that monthly average newbuilding prices of VLCC, Suezmax, Aframax, MR PC a...
2014-03-10 14:50:13
NB orders surpass “100m GT”
Newbuilding orders of global shipbuilding industry turned out to have surpassed 100m gt in 2013 for the first time in five years after global financial crisis in 2008. According to IHS data, global newbuilding orders were recorded as 103.88m gt ...
2014-03-10 14:49:43
FPU Capex in Downtrend
In the next five years, a total of $136bn financing is prospected to be invested in the purchase of offshore floating production/processing/storage facility, from this year. According to IMA, during the period from 2014 to 2018, 101 Floating Pro...
2014-03-10 14:48:58
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