Market Analysis Articles
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Chinese yards see profitability down in 1H
For the first half of 2018, Chinese shipbuilding industry experienced falling deliveries and profitability against a year ago, but saw an increase in order cover and new order intakes. According to the China Association of the Nati...
Korean LNGC streaming global LNG trade
While global LNG trade volume is rising steeply, Korean shipbuilders are likely to maintain a strong dominance in LNG-related markets. Steve Gordon, Managing Director of Clarkson Research Services Limited said through a recent report that “g...
NB deliveries show decline in 1H
It turned out that global shipbuilders delivered 691 newbuildings of a combined 45.3m dwt (17.3m cgt) in the first half of this year, down by 7% (in terms of dwt) over the same period a year ago. The whole output in full year of 2018 is projected...
Shipbuilders keep consuming orderbook
Global newbuilding orderbook recorded 198.7m dwt (75.3m cgt, 3,017 units) at the end of June, which is 11% lower compared to the beginning of the year in terms of the number of units (6% lower in terms of dwt). As of the end of June, according...
Korea targets No.1 in 2018 NB market
1H Newbuilding order intakes of global shipbuilding industry stood at 441 units at 35.1m dwt (12.3m cgt), showing 16% decrease y-o-y in terms of dwt. However, Korean shipyards have done much excellent work, taking the No. 1 place in dwt, cgt and ...
Japan's 1H export ship down by 2%
It turned out that Japan's cumulative ship export orders from January to June stand at 98 (4.44m gt, 1.96m cgt), down by 2.4% from the same period of 2017. Compared to the first quarter, Japanese shipbuilders' order intakes showed a down...
Korea topped in 1H 2018
Korean shipbuilding industry topped the global arena in 1H 2018, the first time in three years. According to Clarkson Research, among 12.34m cgt (441 units) of orders placed in 1H, Korea took 4.96m cgt (115 units), or 40% of the total, while C...
[Feature] How Korean yards doing in 1H 2018?
The Korean shipbuilding industry, which has managed to escape the worst order drought in 2016, is facing a lull entering Q2 2018. However, the industry has maintained its dominance over the gas carrier, tanker, and containership segment. Hyund...
Korean ship export declined in first half
Korea logged $51.23bn (yoy 0.089% decrease) of the export result, with $44.91bn of revenue (10.7% increase) and $6.3.2bn of profit (77th consecutive month) in June. The Ministry of Trade, Industry, and Energy (MOTIE) of Korea explained that yo...
JSEA: 'export increase by 10%'
Japanese shipyards’ new export ship orders by May this year accounted to a total of 80 units, 3.9m gt (1.67m cgt), improving 10% from the same time last year in terms of gt. This was relatively weak from 1Q yoy improvement. According to JSEA...
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