Market Information
Korea maintained its No.1 in global contracting
Of global contracting in June this year (18 vessels of a combined 660,000 cgt), six units of 340,000 cgt were ordered at Korean shipyards. With this, Korea became the largest country builder two months in a row, beating China with seven vessels o...
2019-07-12 16:17:39
Korea's 1H ship exports see 2.2% up
It turned out that Korea posted exports of $44.18bn last June, down by 13.5% year-on-year, and imported goods and services worth $40.01bn, representing a 11.1% y-o-y downturn. As a result, the country achieved the 89th consecutive profitable mont...
2019-07-05 16:30:29
China: April recovery weakened in May
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics on business results domestic shipbuilding industry posted for the first five months of 2019. The data said May’s order intake was improved comp...
2019-07-05 16:30:10
Korea cranked up ship export by 47% in May
May saw a decline in Korean export due to weak semiconductor sales. Korea Customs Service (KCS) said on June 17 that Korea exported $45.9bn in May, which is a yoy 9.5% decrease. Car (13.5%), ship ( 46.8%), and home appliance (24.0%) marked ...
2019-06-21 16:23:44
Korea reclaims No.1 in May NB order
Korean shipyards recaptured the first place in the global new order competition last May. According to Clarksons Research, Korea ranked first in May with a total of 640,000 cgt (16 units) in global newbuilding orders, accounting about 60% of t...
2019-06-14 15:45:19
China's NB orders grown sharply in April
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics on business results domestic shipbuilding industry posted for the first four months of 2019. According to the statistics, last April, Chinese shi...
2019-05-24 15:33:45
Japan has fed compatriot yards
Latest data showed that during FY2018 (from April 2018 to March 2019), Japanese yards have taken orders for 214 ships at 10.69m gt (4.63m cgt), which is a yoy 7.3% growth in terms of gt. The bulker occupied the most significant part with 150 unit...
2019-05-24 15:33:01
Korea received the second largest orders in April
The Korean shipbuilding industry followed China’s lead (64%) in April’s shipbuilding order intake with 23% of the market share. Clarksons Research reported that among 1.21m-cgt (40 units) of newbuildings ordered in April 2019, China took 7...
2019-05-17 16:01:29
Ship value to gain momentum from the end of 2019
Intelligence provider for marine asset value, VesselsValue recently released its forecast for future vessel value change by 2022, in bulker, tanker, containership, and gas carrier segments. Overall, the agency predicted that the value would hit b...
2019-05-10 16:25:17
Korean shipbuilding export expanded in April
Data show that in April, Korea exported $48.86bn (2.0%↓) of goods and services, importing $44.74bn(2.4%↑). Korea’s trade profit accounts to $4.12bn, making April an 87th consecutive month in profit. The Ministry of Trade, Industry and En...
2019-05-10 16:24:34
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