Shipbuilders Struggle in Challenging Market

Clarkson Hellas
Friday, November 09, 2012

Shipyards in the major exporting regions all report significant year-on-year drops in new contracting activity.

For new-buildings there is no doubt that the market continues to remain challenging, particularly for the larger and more conventionally orientated facilities, observes Clarkson Hellas in its recent bulletin.

With conventional demand so far being focused primarily on the midā€sized segments of the market, those yards geared up for the larger spectrum of asset class have found 2012 a struggle.

In terms of reported business:

In dry, it has now finally been reported that clients of Norse Management (UK) Ltd have ordered two option two 82,000 dwt Kamsarmaxes at China’s SWS. It is understood the contracts were actually penned back in June, the pricing is circa USD 27.5-million and the delivery for the firm vessels will be from July 2014.

Zhejiang Yangfan have won some further business, however this time four option two 39k dwt Handysizes for clients of Unishipping, the Netherlands. We understand these vessels will deliver from October 2014 and costing the Owner around USD 23-million per vessel.

The Car Carrier market has again seen further orders with Clients of NYK placing two Mitsubishi designed 7,000 CEU vessels at both Shin Kurushima and Imabari. Both Yards are set to deliver one Vessel in 2014 and the second in the first half of 2015.

In Cruise, clients of Norwegian Cruise Line have placed a one option one order for a 4,200 berth, 163,000 GT cruise vessel at Germany’s Meyer Werft Shipyard in a deal reported to be worth some EUR 700-million per vessel.

Source: Clarkson Hellas S&P Weekly Bulletin

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0964 sec (10 req/sec)