Search results for: orderbook

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  • 4 October 2016
    Business & Finance

    Overall contracting of new vessels plunged in the three-month period from July to September to a mere 88 units, according to data provided by Clarkson Research. When compared to the same period in 2015, the orders dropped by some 81 percent from 481 vessel orders. Due to an oversupply in the shipping market, accompanied by low freight rates, […]

  • 17 June 2016
    Business & Finance

    South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) stayed at the top of the list in terms of the balance of order backlog for 19 consecutive months, The Korea Economic Daily reported. The shipbuilder’s current backlog stands at 111 vessels, representing over 7.47 million gross tons, according to the latest issue of World Shipyard Monitor released by Clarkson […]

  • 29 July 2016
    Business & Finance

    Despite the current weakness in liquefied natural gas (LNG) shipping rates, the market will require more LNG vessels than listed on the current orderbook, shipping consultancy Drewry said, adding that it maintains its bullish long-term outlook for LNG shipping. Spot rates for dual fuel diesel electric LNG vessels have been hovering around USD 30,000 per day since […]

  • 12 June 2017
    Business & Finance

    With the latest turn of the tide, Greek owners have placed themselves at the top with 210.1 millon gross tons, representing the world’s largest fleet, according to Clarksons Research. This change is the latest in a recent set of switches in the leadership of ownership of the global orderbook. Although the Japanese now own the world’s […]

  • 13 July 2015
    Business & Finance

    Shipyards across China recorded a 72.6% decrease in new ship orders in the first six months of 2015, compared to the same period the year before, the country’s Ministry of Industry and Information Technology (MIIT) said. Chinese shipyards added 11.9 million deadweight tons to their orderbooks from January to June 2015. Orders for sea-going vessels for […]

  • 14 September 2017
    Business & Finance

    A substantial decline in size of the orderbook left many yards struggling to secure contracts as state-backed entities received the majority od orders. While the number of yards accounting for the first 25% of the orderbook has remained steady over the last decade, as of start September 2017, 50% was on order at 24 yards, […]

  • 27 July 2018
    Business & Finance

    Fincantieri’s orderbook jumped to 109 vessel during July, with record backlog of over EUR 32 billion.

  • 5 August 2016

    The containership orderbook, measured as a percentage of the existing fleet, has fallen to its lowest level since 1999, and is expected to slide further in the near term, according to Alphaliner. Namely, the current orderbook-to-fleet ratio plunged to 17.1% from the peak of 64% recorded at the end of 2007, when the booming container shipping market triggered an ordering binge. […]

  • 28 August 2017

    The current order book for bulk carriers stands at 60.4 million DWT, which is the lowest in 13 years, based on the data from BIMCO shipowners’ association. Despite the market turmoil stemming from hectic activity in the sales and purchase market, the ordering activity remained subdued for some time. Nevertheless, during the first four months […]

  • 16 March 2017
    Business & Finance

    Amid the current muted shipbuilding market the Japanese orderbook has shown its endurance and recently surpassed its South Korean counterpart in size for the first time since 1999, according to Clarksons. While the orderbook is shrinking for all of the Big Three builder countries, the Japanese orderbook is undergoing the slowest rate of decline. This […]

  • 23 October 2014
    Business & Finance

    Helsinki-based Wärtsilä Corporation has a strong order intake in the third quarter of this year, according to its Interim report covering January-September 2014. Order intake increased 21% to EUR 1,309 million (1,086) in the third quarter, whereas net sales decreased 7% to EUR 1,117 million (1,199). Other financial highlights include: Book-to-bill 1.17 (0.91)  Operating result before […]

  • 23 March 2020

    Only 1 dry bulk vessel of the planned 24 newbuildings was delivered by Chinese shipbuilders in February 2020.

  • 18 May 2016

    It is essential that new orders are placed within the next three to six months for the yard industry to fill up its orderbooks for 2017, according to Danish Ship Finance. The orderbook is rapidly approaching the low levels seen at the start of 2013, but 2016 looks to be a reasonable year for shipbuilding based solely on the amount of […]

  • 23 April 2018
    Business & Finance

    Drewry: The full-year containership delivery total is to be in the region of 1 million to 1.2 million TEU.

  • 13 July 2015
    Business & Finance

    Shipyards across China recorded a 72.6% decrease in new ship orders in the first six months of 2015, compared to the same period the year before, the country’s Ministry of Industry and Information Technology (MIIT) said. Chinese shipyards added 11.9 million deadweight tons to their orderbooks from January to June 2015. Orders for sea-going vessels for […]

  • 7 April 2016
    Business & Finance

    Singapore-based Triyards Holdings Limited has seen its net profit increase by 10% to USD 5.3 million for the quarter ended February 29, 2016, compared to the USD 4.9 million recorded in same period a year earlier. For the six-month period, the company saw a decrease of 9% in its net profit, which fell from USD 12.9 million recorded at the […]

  • 26 July 2016

    During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective owners, while over USD 43.8 billion worth of ships is left on the orderbook to be delivered by year’s end, according to data provided by VesselsValue. So far this year, a grand total of 905 vessels, with a capacity of over […]

  • 1 March 2017

    Product tanker orderbook has dropped to its lowest level in nearly 17 years as it was equivalent to 10.2% of fleet capacity at the start of February 2017, a low not seen since August 2000, according to Clarksons Research. At the start of February, the product tanker orderbook of 10,000+ dwt vessels stood at 321 ships of 16 million […]

  • 29 September 2016
    Business & Finance

    Due to depressed dry bulk market conditions, which triggered a slump in bulk carrier contracting and in turn led to the newly slim orderbook, which hit a nine year low at the start of September, the bulk carrier fleet expansion is expected to ease in the coming years, according to Clarksons’ Shipping Intelligence Network. A dearth […]

  • 28 July 2017
    Business & Finance

    The containership orderbook has diminished by 30% in capacity terms since the start of 2016 and in the first half of 2017 it totalled less than 40,000 TEU, Clarksons Research said. However, there are several important aspects of the orderbook to consider, including the change in the overall size of the orderbook, the shape of the orderbook schedule and […]

  • 18 December 2018
    Business & Finance

    DSME won orders for 45 ships this year worth USD 6.58 billion, which is over 90 pct of the company’s target.

  • 22 November 2017
    Business & Finance

    The global containership orderbook stood at 368 vessels of a combined 2.8 million TEU as of the start of November, representing a 58% drop in TEU terms since its peak in July 2008, Clarksons Research informed. The size of the orderbook declined continuously month-on-month this year until October, when it reached 2.6 million TEU, its […]