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Shipbuilding and Scrapping

Industry-watchers like to use a number of metrics to gauge the health of shipping. The Baltic Dry Index is one; the world idle fleet another. Here we take a look at another indicator: the orderbook – or, more precisely, shipyards, which are in the frontline of any improvements or declines in industry health. Shipyards are in a precarious position. A strong orderbook should be good for business; more ships mean more work. But too many orders can tip the fleet bal­ance into a glut and, as we have seen for the past seven years at least, that can lead to a prolonged curtailment of orders. It is a vicious cycle that gets repeated again and again.

 

No more finance for foreign-yard newbuilds, China's leasing houses told

Move might take a toll on South Korean shipbuilders that have yet to recover from the financial woe

Asia Pacific Containers Dry Bulk

Weak newbuilding recovery fails to lift yard sentiment

Activity in main shipping sectors still at a historically low level

Asia Pacific China South Korea

Yard Talk | LNG may be a saviour for Korean and Singaporean players

Booming global LNG trades to bring business opportunities in building tankers and offshore units

South Korea Singapore Shipbuilding

DSME looks to compete with Chinese rivals on technical expertise

South Korean yards being challenged by Chinese builders backed by government financing

Asia Pacific South Korea China

Class takes on shipbuilding balancing act

Regulations, digitalisation and weak markets will mean even greater dependency on class

 

Classification Shipbuilding International

Building up their arsenals

Is Cosco poised to challenge European lines’ dominance of container shipping?

Containers

Shipbreakers brace for regulatory upheaval

Termination of Beijing’s scrap-and-build scheme could prompt Chinese owners and scrapyards to interact more with international markets 

Asia Pacific India Bangladesh

Shipping’s ‘health-ometer’

A spotlight on shipyards shows China’s influence continues to be felt
Shipbuilding Ship Recycling China

Korean bank struggles to get money back from shipping and yards

About 75% of the Export-Import Bank of Korea’s non-performing loans come from shipping and shipbuilding firms 

Asia Pacific South Korea DSME

Grimaldi brothers raise the bar in clean ship technologies

Italian group leading by example with investments in a new class of ultra-clean ro-ro ferries

Europe Italy Containers

Is the EU Ship Recycling Regulation a lame duck?

Twenty-two non-European shipyards are fighting for the EU’s good graces, none of which are expected to make the list before the end of this year
Asia Pacific Europe India

Latest From Shipbuilding & Ship Recycling

MSC confirms options for five new ultra large boxships at DSME

Order at Daewoo Shipbuilding & Marine Engineering will join fleet of ultra large boxships. Brokers indicate they will be scrubber-fitted 23,000 teu units

Containers Shipbuilding

Cosco’s Piraeus investment plan handed partial approval

Fate of proposed new 2.8m teu box terminal extension still hangs in balance

Europe Greece

MISC seals two-vessel long-term LNG charter deal with ExxonMobil

Delivery of the two vessels, worth $405m, is scheduled for 2023 but no details of the charter contract were disclosed

International Tankers and Gas

Boxship upsizing continues apace

On the Asia-northern Europe trade, average capacity has increased to more than 16,000 teu and will likely rise to closer to 17,000 teu in 2020, with the roll-out of more 23,000 teu ships over the course of the next year, according to Alphaliner

Containers Ship operations

Boxship order slowdown offers opportunity for new technologies

Industry discipline and reduced ordering could provide a golden opportunity to meet IMO 2050 demands

International Containers

Keppel and Sembcorp settle with Sete Brasil over rigs

Keppel O&M and Sembmarine now stand to move on from a protracted overhang clouding their orderbooks since Sete Brasil turned insolvent more than three years ago

Offshore Shipbuilding

Eastern Pacific supersized its dual-fuel LNG boxship order to 22 ships

Idan Ofer’s speculative order of 15,000 teu LNG dual fuel ships was significantly bigger than initially thought. In addition to the 11 vessels already chartered to CMA CGM, a further 11 sister ships are due to be delivered between 2021-22

Containers Shipbuilding

World boxship fleet update: Fall in orders

A slowdown in order contracting will come as a welcome step towards rebalancing the market

International Mediterranean Shipping Co
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