According to the data recently released by Clarkson, the global new ship orders in May this year amounted to 1.8 million compensated gross tonnages (CGT) (62 ships). In terms of compensated gross tonnage, it dropped 51% from the same period last year and 70% from the previous year. Among them, Chinese shipbuilders took in new orders of 1.54 million CGTs (54 ships), ranking first in the world with 85% market share; Korean shipbuilders took in new orders of 170,000 CGTs (2 ships), ranking second in the world with 10% market share.
The difference in market share between the two sides has reached 75%, an increase of 13% from the previous year, with Chinese shipbuilders continuing to hold the lead by an overwhelming margin. According to the Korean industry, the sharp decrease in orders for liquefied natural gas (LNG) carriers and large container ships is the reason for this situation. The Korean industry is said to be concerned about this.
Data showed that the global new ship orders from January to May this year totaled 20.12 million CGTs (726 ships), an increase of 6% over the same period last year. During this period, the order quantity of Chinese shipbuilders was 12.3 million CGTs (479 ships), with a market share of about 61%, an increase of 20% over the same period last year, ranking first; the order quantity of Korean shipbuilders was 5.61 million CGTs (121 ships), with a market share of 28%, an increase of 16% over the same period last year.
Taking the end of May as the benchmark, the global hand-held newbuilding orders amounted to 133.12 million CGTs, an increase of 2.25 million CGTs. Among them, Chinese shipbuilders hand-held orders for 67.84 million CGTs, market share of about 51%, an increase of 2.31 million CGTs, an increase of 10.11 million CGTs; Korean shipbuilders hand-held orders for 39.07 million CGTs, market share of about 29%, a decrease of 20,000 CGTs, an increase of 140,000 CGTs over the same period.
As of the end of May, the Clarkson Newbuilding Price Index stood at 186.42 points, up 16.32 points or 10% year-on-year, continuing its upward trend.
In terms of ship types, the newbuilding price of 174,000 m3 class large LNG carriers was US$264 million, unchanged from the previous month; the newbuilding price of very large crude carriers (VLCCs) was US$130 million, a decrease of US$500,000 from the previous month; and the newbuilding price of ultra-large container ships (22,000 TEU-24,000 TEU) was US$267.5 million, an increase of US$ 1 million.
