Market

Alternative fuel ships occupy half of the global shipbuilding pie

The global orderbook for the first ten months this year recorded 1,910 vessels with a capacity of 101.5m gt. About half of the constructed vessels are known to be alternative-fueled ships, standing at 643 vessel which is 50.05m gt. This..

News > Market > 2024-12-02 08:10:17

Japan's ship exports plunge

Shipyards in Japan experienced a year-on-year decrease of 70.9% for export orders in October 2024. They secured contracts for 16 newbuilds amounting to about 690,000 gt (about 340,000 cgt) last month, the Japan Ship Exporter's As..

News > Market > 2024-12-02 08:08:35

'24 energy carrier order remains strong

Global shipbuilders have been experiencing strong order momentum for energy carriers. According to Clarksons Research data, the global shipbuilding industry built 594 oil and gas carriers, marking 2024 as the second strongest year fo..

News > Market > 2024-12-02 08:06:44

Orders for small chemical tankers surged

Orders for small chemical tankers have increased dramatically as rates surged. According to UK shipbroker Simpson Spence Young(SSY), this long-neglected 1,000-dwt to 6,000-dwt sector has shown the fastest growth in the tanker fleet. ..

News > Market > 2024-12-02 08:04:14

Idle container ships plummet to an 'all-time low'

Idle container ships plummet to an 'all-time low' With Red Sea Crisis putting a great strain on containership tonnage capacity, the number of idle containerships plummeted to an 'all-time low' as shipowners were force..

News > Market > 2024-12-02 08:02:11

Top 3 liners market shares hit nearly 50%

It is found that the top three liners - Mediterranean Shipping Comany (MSC), Maersk, and CMA CGM-accounted for nearly 50% of the whole containership market. According to Alphaliner's data as of November 9, a total of 7,154 contai..

News > Market > 2024-11-18 08:34:16

Containership order sees 52% surge

Global shipbuilders took in 254 new containerships year-to-date, which is a 52% surge compared to 167 vessels recorded in 2023. Of the total, according to Veson Nautical's data, the percentage of Neo-Panamax, Post-Panamax, and Ul..

News > Market > 2024-11-18 08:32:17

'Turning green' gains speed in ship orders

From January to October 2024, according to DNV, they won a total of 464 alternative-fueled newbuilds, representing a 46% year-on-year increase. In October only, the figure stands at 97. Jason Stefanatos, Global Decarbonization Direct..

News > Market > 2024-11-11 07:06:13

New order intakes plummeted last month

In October 2024, 77 newbuild vessels of a combined 2.41m cgt were reported ordered globally, down by 47% year-on-year in cgt terms. By country, last month, China dominated the new order sales market by securing as much as 65% shares ..

News > Market > 2024-11-11 07:05:36

Green fleet continues to grow

The number of eco-friendly vessels on operation or order reaches 8,716 in total as of the end of October 2024, up by 10.9% year-on-year. DNV has recently reported that scrubber-fitted vessels (5,452 units) make up the majority of the..

News > Market > 2024-11-11 07:04:42