Since this year, China and South Korea shipbuilding enterprises in a fierce battle for orders. So far, South Korea only in February and July, October over China, the rest of the month (January, March, April, May, June, August, September, November) are topped by Chinese ship enterprises.
Data show that from January to November this year, the global new ship orders totaled 38.09 million compensated gross tonnages (CGTs) (1,545 ships), down about 20% from 47.77 million CGTs(1,811 ships) in the same period last year.During this period, the order book of Chinese shipbuilders was 22.09 million CGTs(973 ships), with a market share of about 58%, down 5% from the same period last year; the order book of Korean shipbuilders was 9.63 million CGTs(191 ships), with a market share of 25%, down 41% from the same period last year. The order quantity and the compensated gross tonnage of Chinese ship enterprises exceeded that of Korean ship enterprises.
In terms of shipyards, Samsung Heavy Industries Geoje Shipyard (10.7 million CGTs) remains the world’s largest shipyard in terms of the volume of orders on hand, followed by HD Hyundai Heavy Industries Ulsan Shipyard (10 million CGTs) and Hanwha Ocean Geoje Shipyard (8 million CGTs).It is worth noting that HD Hyundai Heavy Industries Ulsan Shipyard’s hand-held orders in November successfully reached the 10 million CGTs.
Taking the end of November as the benchmark, the global hand-held newbuilding orders amounted to 125.42 million CGTs, an increase of 750,000 CGTs compared with the end of last month. Among them, Chinese ship enterprises topped the list, hand-held orders for 60.47 million CGTs, market share of about 48%; South Korean ship enterprises hand-held orders for 39.54 million CGTs, market share of about 32%.
By the end of November, the Clarkson Newbuilding Price Index stood at 176.61 points, an increase of 14.92 points (9%) year-on-year, continuing the upward trend.
In terms of ship types, the cost of 174,000 m3-class large liquefied natural gas (LNG) carriers was US$265 million, unchanged from October; ultra-large crude carriers (VLCCs) were US$128 million, unchanged from October; and ultra-large container ships (22,000 TEU-24,000 TEU) were US$234 million, up US$1 million from October.