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Showing research about Industrials - Capital Goods

20210122-shipbuilding-china

South Korean shipyards win in December as China suffers setbacks

South Korea’s shipyards reportedly won 42.6% of new orders globally in 2020, beating Chinese yards’ 41.2%. A recovery in industry orders hasn’t obviated the need for consolidation though with the merger of Hyundai Heavy Industries and Daewoo Shipbuilding still on track for late H1’21. South Ko... Read more →

20210113-breakbulk-products

Break bulk recovery proves elusive as vehicle imports languish

The vehicle and construction equipment shipping services sector had a challenging 2020 and is only just starting to recover. Wallenius Wilhelmsen is bringing nine of its 16 vessels out of cold layup but “maintains its cautious volume outlook” while Grimaldi is due to take delivery of three new... Read more →

20210106-ism-us

Export order expectation rebound takes a breather

U.S. manufacturing sentiment improved in December, according to the latest ISM survey, dragging up import order expectations to 57.5% (where over 50% indicates expansion) from 55.1% a month earlier. Panjiva’s U.S. seaborne data shows shipments likely rose by 22.1% year over year in December, s... Read more →

20210105-hino-imports

Hino’s supply chain slows ahead of engine compliance pause

Hino, Toyota’s truck manufacturing subsidiary, will halt heavy truck production in the U.S. until October “following challenges in the required U.S. engine certification testing process”. While U.S. sales of heavy trucks rose by 2.4% year over year in November, seaborne imports linked to Hino ... Read more →

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