Market Information
Idle boxship capacity decreases sharply
It emerged that the capacity of idle containership has sharply been lowered against a backdrop of rising charter rates for containership. The UK ship broker Affinity Research has recently conveyed that the idle list has been reduced by 0.1m te...
2017-04-14 17:37:57
Japanese export ship orders surge
Japanese shipbuilders have been successful in winning new orders for two-digit number of export vessels in March this year that it is said the Japanese shipbuilding industry hit the bottom. It turns out that they have exceeded 1 million tons (GT)...
2017-04-14 17:36:18
"VLCC order tally passes 2016 total"
JP Morgan has raised a warning that the amount of VLCCs ordered this year has already exceeded the total newbuilding orders in 2016. According to JP Morgan, as Daewoo Shipbuilding & Marine Engineering has recently won orders for three VLCC...
2017-04-14 17:34:39
Clarkson lowered its forecast of new order intakes
Clarkson Research has recently lowered its forecast for new ship orders which will be placed from 2018. Compared to the previous prospect presented last September that the global shipbuilding industry will enter a improved situation constantly fr...
2017-04-14 17:33:35
Korea wins 22 NBs in 1Q
A total of 22 orders of a combined 890,000 cgt have been reported placed at Korean shipbuilders from January to March this year, up more than four times against a year ago. However, there are overriding opinions that the increase is seemingly sig...
2017-04-07 17:21:29
Offshore rig operating rates rebound
It is noteworthy that the offshore drilling facility utilization rate has rebounded in four years in the wake of the ongoing drop in global oil prices, which led to the loss of orders for offshore facilities and the delayed delivery of existing o...
2017-03-31 17:19:00
China still needs more new orders
Chinese shipbuilders are seeing an upturn in new ship contracting early this year on the strength of a slight recovery trend in the global shipping industry. However, a decrease in their backlog still continues while the overall industry conditio...
2017-03-24 17:36:23
NB deliveries dropped sharply in Feb
It emerged that 301 newbuildings of a combined 23.2m dwt (6.9m cgt) were delivered into the world fleet from January to February, 2017, representing a 12% increase in dwt terms, compared to new ship deliveries recorded during the same period a ye...
2017-03-24 17:32:12
Japan shows strength despite orderbook downturn
The global newbuilding orderbook stood at 3,452 units, 202.60m dwt (81.20m cgt) as of the end of February this year, a decrease of around 30% against a year ago. Clarkson Research reported that the decline in the orderbook comes from the weakn...
2017-03-24 17:29:04
Global NB orders almost doubled
In this year to February, newbuilding order intakes of global shipyards recorded 68 vessels of a combined 3.4m dwt (1.8m cgt), increasing by around two times year-on-year on an annualized basis in dwt terms. According to Clarkson Research, ord...
2017-03-24 17:27:06
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