Market Information
Q1 NB orders down by 11%
During March this year, global newbuilding orders were recorded at 100 units of 6.90m dwt, bringing 35.10m dwt (482 vessels) of accumulated new orders for the first three months of the year. According to Clarkson Research, the figure shows a 11%...
2014-04-29 18:59:33
NB prices to stay steady 'for a while'
The rising trend of global newbuilding price is expected to be flat in the coming months without fluctuations. According to a recent report from Greek ship broker Intermodal, the uptrend of newbuilding price is seen to slow down longer than expe...
2014-04-29 18:58:33
BC ordering keeps recovering
During the first quarter of 2014, global newbuilding orders for bulker decreased by 38% from the previous quarter but increased by 33% compared to the same period a year ago. Having slowed from the fourth quarter of 2013 when rapid recovery was seen,...
2014-04-29 18:56:39
Chinese new orders uptrend
  Back in March this year, Chinese shipbuilding industry inked newbuilding orders for 84 vessels of a combined 1.587m cgt, which is up by 18.0% month-on-month and by 20.7% year-on-year. According to Clarkson data, over the last 12 months...
2014-04-29 18:55:34
Global NB market accelerates again
  It turned out that global newbuilding order market, which was seen sluggish in March, has shown active performance early this month. According to Greek ship broker Golden Destiny, 61 vessels of a combined 4.11m dwt were newly ordered g...
2014-04-29 18:52:28
Global yards backlog ‘varies’
As of early March, 451 shipyards were standing on orderbook of a total of 4,995 vessels (1,000 GT and above), or 107.10m cgt, but inside story of the contracts differs by vessel type. According to Clarksons, as for bulkers of which constructions...
2014-04-09 10:44:26
Chinese new orders up by 260%
During the first two-month period of 2014, Chinese shipyards won newbuilding orders of a total of 18.08m dwt, up by 260% year-on-year. According to China Association of the National Shipbuilding Industry (CANSI), Chinese shipbuilding industry ha...
2014-04-09 10:43:42
Global scrapping market, ‘Active’
In February, global demolition ship market showed relatively active condition and scrap prices also turned out to have slightly increased. According to China Water Transport, 102 scrapped vessels of a combined 5.05m dwt were traded during Februa...
2014-04-09 10:42:55
Chinese NB order·backlog ‘surge’
As global economy started to show an indication of recovery in January and February 2014, the Chinese government has aggressively provided policy supports while shipowners have kicked in fleet renewal programs through ship demolitions and so on. As a...
2014-04-09 10:42:15
Chinese yard profits growing
In the year to February, the complete industrial gross production value of the China’s 87 shipbuilding and its related companies which are subject to be monitored were seen to go upwards by 9.2% year-on-year to CNY 50.09bn ($8bn). Of which, sh...
2014-04-09 10:41:45
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