Market

China leads global shipbuilding market

China's shipbuilding sector continues to lead in the global market, with steady growth in output, new orders and orders on hand in the first quarter of 2024. Shipbuilding completions totaled 12.35m dwt, up by 34.7% year-on-year, ..

News > Market > 2024-06-10 18:06:06

Korean ship exports grow in May

Shipyards in South Korea exported vessels worth $2.06bn, up by 108.4% against a year ago. With this, also, their exports have continued their upward movement 10 consecutive months. The Ministry of Trade, Industry and Energy (MOTIE) n..

News > Market > 2024-06-10 18:05:05

NB order volume down by 51%

Shipyards in the world were awarded 62 newbuilds of a combined 1.8m dwt in May this year, down by 51% year-on-year (in terms of cgt). By country, last month, China posted the No.1 position by securing 85% market shares (54 units of 1..

News > Market > 2024-06-10 18:04:04

Korea holds 32% shares in NB market

Shipyards in the world were awarded 121 newbuilds of a combined 4.71m dwt in April this year, down by 24% year-on-year (in terms of cgt). By country, last month, China posted the No.1 position by securing 76% market shares (91 units ..

News > Market > 2024-05-22 17:25:25

Japan's ship exports skyrocket

Shipyards in Japan experienced a year-on-year increase of 43.7% for export orders in April 2024. They secured contracts for 27 newbuilds amounting to about 920,000 gt (about 460,000 cgt) last month, the Japan Ship Exporter's Asso..

News > Market > 2024-05-22 17:24:24

Japan ship exports dropped in FY2023

Japanese shipbuilding industry witnessed a year-on-year increase of 16.1% for export orders in March 2024. According to the Japan Ship Exporter's Association (JSEA), the industry received contracts for 26 newbuilds amounting to a..

News > Market > 2024-04-15 07:57:57

Japan saw 55% upturn in export ship orders

Japanese shipbuilding industry saw about an 55.5% increase in export orders for February 2024 by winning 18 newbuilds of a combined 1.16m gt (447,924 cgt). By ship type, it won eight bulkers (three Handysizes, one Handymax, two Capes..

News > Market > 2024-03-27 15:17:17

Korea regains top spot in NB order performance in Feb

Shipyards in the world were awarded 96 newbuilds of a combined 3.41m dwt last February, up by 18% year-on-year (in terms of cgt). By country, last month, Korea regains the No.1 position by securing 50% market shares (28 units of 1.71..

News > Market > 2024-03-11 15:26:26

China remains dominant in NB market

Shipyards in the world were awarded 96 newbuilds of a combined 2.57m dwt last December, down by 46% year-on-year (in terms of cgt). By country, last month, China posted the No.1 position by securing 53% market shares (41 units of 1.3..

News > Market > 2024-02-25 09:40:40

China's ship exports increased by 20%

The China Association of the National Shipbuilding Industry (CANSI) has recently revealed statistics on the Chinese shipyard’s January-December performance results. For the 12 months of 2023, shipbuilders in China delivered new..

News > Market > 2024-02-23 10:02:02