Market Information
"Last crisis comes in 2018-19"
A Korean industrial expert forecasted that this year will mark the last crisis in shipbuilding industry which has gone through tough time for 10 years since the global financial crisis began.   Yang Jong-Seo, a Senior researcher from...
2018-01-19 16:57:52
[Feature] Yards’ 2018 goals
"Setting 41% higher target" Exiting from the worst phase of order drought in 2017, Korean shipbuilding industry is planning to accelerate the pace of recovery with more orders. Last year, Korean industry led global merchant vessel market es...
2018-01-19 16:57:26
BIMCO released 2018 prospect
On January 4, BIMCO released 2018 prospect for the shipping industry: In 2018, the dry bulk sector is likely to improve the fundamental market balance further, if operational speeds do not increase. For the container shipping sector, the impro...
2018-01-14 14:06:54
Korean Big 3 took lion’s share
From the beginning of the year through November, global order intake of shipbuilding industry recorded 725 units at 59.7m dwt (19.5m cgt), which is yoy 106% increase in terms of annualized dwt. According to Clarkson Research’s December repor...
2017-12-29 14:13:35
Korea accounts for 34% in global NB deliveries
It turned out that shipyard in the world delivered 1,314 new ships of a combined 87.90m dwt (29.4m cgt) from January to October this year. Total deliveries in October stood at 59 vessels of 3.5 m dwt, the lowest monthly delivery level so far this...
2017-12-29 14:12:52
China on yoy recovery track
Chinese shipbuilding industry is showing a sign of recovery with a double score in November compared to the last year, recording five consecutive months of yoy growth since July. According to CANSI, the accumulated order intake of Chinese yard...
2017-12-22 14:52:40
"58% of yards' orderbook all delivered by 2018"
At the end of November this year, global newbuilding orderbook recorded 186.8m dwt (74.8m cgt, 3,036 units), which is 18% decrease by dwt since the start of this year. Also, it turned out that 58% of the orderbook is currently scheduled to be del...
2017-12-22 14:52:08
Korea accounts for 34% in global NB deliveries
It turned out that shipyard in the world delivered 1,314 new ships of a combined 87.90m dwt (29.4m cgt) from January to October this year. Total deliveries in October stood at 59 vessels of 3.5 m dwt, the lowest monthly delivery level so far this...
2017-12-22 14:51:40
Korea dominated September arena
Korean shipbuilding industry showed resilience, defending the first place of the global monthly newbuilding order in September. According to Clarkson Research, Korea ranked first in monthly orders with 1.46m cgt (26 units) in September. China ...
2017-10-13 14:42:48
Korean ship·steel exports in positive trend
Korean exports amounted to $55.13bn in September of 2017, up by 35.0% from the same month last year. Also, imports rose by 21.7% year-on-year to $41.38bn, with the trade surplus recording a surplus of $13.75bn for the 68th consecutive month. M...
2017-10-13 14:41:59
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