Market Analysis Articles
Raw Material Prices
Japanese delivery down to ‘90s
Five Japanese shipbuilders of heavy industries turned out to have posted 87 vessels of a combined 4.56m gt in newbuilding delivery during a period from January to December, 2013, down by 12 vessels and 15% in GT terms year-on-year. It has been 1...
Large boxship order ‘historic high’
For the past year, new orders for large containership (Post-panamax) over 8,000 teu range are calculated to hit a record high. According to ship broker Clarksons, a total of around 80 Post-panamax containerships were newly ordered in 2013. Indus...
Koreans to Reap 10% More
Korean shipyards are anticipated to keep showing an indication of recovery in new orders in 2014 despite depression in shipping industry. Analyst Yang Jong-Seo at Overseas Economic Research Institute of the Export-Import Bank of Korea (KEXIM) sa...
Chinese overcapacity continues
The problem of surplus shipbuilding capacity in Chinese shipbuilding industry seems to need at least another five years to be resolved. President Zhang Guangqin of the China Association of the National Shipbuilding Industry (CANSI) said that Chi...
ROV spending to reach $2.5bn
Visiongain, January 6, 2014 - Remotely operated vehicles (ROVs) are an integral part of almost all underwater activity conducted by the energy industry. The offshore industry of today could not function without them as ROVs perform crucial installati...
NB Price Uptrend Continues
Since the New Year, newbuilding prices are said to have continued its uptrend seen from the mid-2013. As of January 3, 2014, Clarkson’s newbuilding price index recorded 134pt, up by 2pt in two weeks. Stable uptrends were also seen across vesse...
FLNG investment to hit $64bn
London, UK, 7th January, 2014, The FLNG market is poised for increased investment and activity from 2014 to 2020, with Douglas-Westwood (DW) forecasting total expenditure of $64.4 billion (bn) in its new market report. Two-thirds of this spend i...
"LNG fuel, a developing picture"
23.12.13, WATCHKEEPER: Nobody has suggested that the emergence of LNG as a marine fuel will be a rapid procedure, although in certain areas like the Norwegian coast, political will and the availability of LNG in close proximity have helped to intro...
Idle boxships to keep rising
Idle containership tonnage is on the rise with having reached 718,000 teu in total as of the middle of December. This uptrend of idle boxship is attributable to off-season and decreasing operations in international routes, according to Alphalin...
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