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Showing research about Theme - Shipbuilding

20190419-shipbuilding-orders

Shipbuilding’s Still Sinking at Start of 2019

The global shipbuilding industry has had a weak start to 2019. New vessel orders in China have slumped 70.4% year over year in 1Q. Meanwhile the remaining orderbook at Chinese yards fell to its lowest since Nov. 2017 at the end of March. The three largest export markets – China, Japan an... Read more →

20190319-shipbuilding-eco

Bad Start For Shipping Means Continued Bad Luck For Shipyards

Global shipbuilding continued to see a precipitous decline in its fortunes in February after exports from China, Japan and South Korea fell 33.1% year over year to $3.40 billion. That made for the worst month of February since at least 2008 even though there was a turnaround in fortunes for Ja... Read more →

20190221-shipbuild-exports

New Year, Same Problems For The Shipbuilding Industry

The shipbuilding industry had a weak start to 2019 with exports from China, Japan and South Korea having fallen by a combined 20.2% year over year to $5.71 billion. That followed a 2.1% increase in the prior three months on average but continues a longer-term decline in exports. A 17.9% drop i... Read more →

20190124-shipbuilding

Brighter End to The Worst Year In A Decade For Shipbuilding

The Asian shipbuilding industry saw an uptick in exports in December with exports from China, Japan and South korea combined having risen by 11.2% year over year. For 2018 overall though a prior period of slow orders meant that aggregate exports for the year of $55.5 billion were the worst sin... Read more →

20181019-shipbuilders-exports-150x150

Little Sign of Confidence as Shipbuilding Downturn Gathers Pace

The downturn in global shipbuilding that started in March has accelerated. Exports of completed vessels from China, Japan and South Korea fell 31% on a year earlier in September, led by a 55% slump in shipment from South Korea. As a result the past 12 months total has fallen to $4.6 billion, t... Read more →

20180920-shipbuilding-cansi-150x150

Less Now, Less Tomorrow as Global Shipbuilding Conditions Slip

Conditions in the global shipbuilding industry – a bellwether for the logistics industry’s outlook – provided a regionally mixed picture in August. New orders received by Chinese shipyards were just half of new builds with the remaining orderbook for vessels falling to the lowest s... Read more →

20180727-cansi-150x150

China’s Shipyards Are Doing Better, But Still Not Doing Well

China’s shipyards saw an improvement in new orders in June with 6 million dryweight tons (mdwt) which was more than the prior three months combined. Domestic orders improved though export orders of 2.5 mdwt were inline with the prior three months’ average. The remaining orderbook is only 4% ab... Read more →

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