Japanese shipbuilding industry saw about 130.3% increase in export orders for December 2022 by winning 42 newbuilds of a combined 1.48m gt (744,054 cgt). The Japanese shipbuilding industry was awarded 42 newbuilds of 1.48m gt (744,05..
Three shipbuilding affiliates of Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI), Hyundai Samho Heavy Industries (HSHI), and Hyundai Mipo Dockyard (HMD) were awarded newbuilds worth about $27.466bn f..
The rising tanker market is driving new investment orders for crude carriers and pushing up prices for secondhand tankers. This is expected to result in a net increase in tanker supply in 2023. According to Clarksons Research, the pr..
The China State Shipbuilding Corporation (CSSC) secured 49 large LNG carrier orders in 2022. According to industry sources and foreign media, these increased orders boosted the group's share of the LNG carrier newbuilding market ..
The secondhand boxship S&P market saw a significant decrease in trading activity last year. According to Alphaliner, the market had a trade total of 950,000 teu (295 units), a 50% decrease from the record of 2.04 million teu in 2..
Newbuilding prices, which had been on the rise for a long time, have recently been fluctuating. According to Clarksons Research, as of December 2022, Newbuilding Price Index recorded 161.81 points, up by 0.12 points from the previous..
As of the end of December 2022, in LNG bunkering vessel sector, 41 vessels were in operation, and 20 vessels are expected to be delivered. According to Korea LNG Bunkering Industry Association, the number of LNGBVs in operation in 20..
The shipbuilding industry anticipates a rebound in new tanker orders due to a recent surge in freight rates and a historic low point in shipyards' backlogs. French shipbroker Barry Rogliano Sales (BRS) reported that 65% of tanker..
After the newbuilding orderbook peaked in mid-2022, global shipyards’ new orders are decreasing. In the middle of situations, industry players are paying keen attention to whether this decline will continue this year. According..
The volume of new order sales reached 1.65m cgt (47 units) last December in the global shipbuilding industry, down by 19% (in terms of cgt) from a year ago. Compared to the previous month, the figure showed a 44% decline. Last month,..