The latest industry data show that total global ship orders fell sharply last month compared with the same period last year, with South Korea overtaking China to regain the top position.
According to Clarkson data, in March, the global ship orders totaled 58 ships and 1.5 million compensated gross tonnages (CGT). Compared with 2.597 million CGT (96 ships) in March last year, this represents a year-on-year decline of 42%; compared with 2.07 million CGT (50 ships) in February this year, this represents a year-on-year decline of 27%.
mong them, South Korean shipbuilders received orders for 17 ships with 820,000 CGT, while Chinese shipbuilders received orders for 31 ships with 520,000 CGT. South Korea accounted for 55% of the global total and ranked first, while China accounted for 35% of the global total and ranked second, in terms of CGT. By volume, China ranked first.
China still has an overwhelming advantage over South Korea in terms of order book.
As of the end of March, the total amount of hand-held orders from global shipbuilders amounted to 159.6 million CGT. china ranked first with 93.97 million CGT of hand-held orders, accounting for 59%, an increase of 1.52 million CGT compared with the previous month. south korea ranked second with 36.12 million CGT, accounting for 23% of the total amount.
Last month, the Clarkson Newbuilding Index stood at 187.43, down 0.93 points from February’s 188.36, but up 4.26 points from a year ago.
By ship type, the current price of a large LNG carrier (174,000 cubic meters) is US$255 million; the price of a VLCC is US$125 million; and the price of an ultra-large container ship (22,000~24,000TEU) is US$274 million.