2013 - Where will shipbuilding go?

 

Some insiders say the color for shipbuilding industry in 2012 is “black”, however, it’s also a year of condensation for the market. And then will the market counterattack in the new year? If current global shipbuilding market structure see any change? The analysts and media in different countries may give us the answer.


China: the shipping market in 2013 is expected to get better than 2012 with global new orders rising to 60,0m-70.0m dwt. It is estimated that about 55.0m dwt new vessels will be delivered nationally in 2013. New orders are likely to grow mildly in the new year while order catalog will continue the declining momentum to lower than 100.0m dwt.


Korea: according to Korean analyst, product oil tanker and chemical tanker market look up earlier than bulker market. Besides, new orders for mega containership are likely to increase in the new year.


UK: the biggest change at the beginning of 2013 is the growth of large bulker orders and the fever in green ships. Although the actual energy efficiency effect has not been improved, green ships are still attractive to shipowners for its potential advantage.


Germany: the utilization rate of bulker fleet will rise from 83% in 2012 to 87% in 2014, the rate of containership fleet will keep the same level (85%) as last year and then rise to 88% in 2014; the overcapacity in tanker fleet is likely to remain current trend.


Japan: according to Japanese media, the new order total of China, Korea and Japan will be much the same with 2012, at about 32.0m dwt, of which China, Korea and Japan accounting for 12.0m dwt, 12.0m dwt and 5.0m dwt. Most analyst in Japan think the ship price won’t fall further in 2013.

Source: http://en.eshiptrading.com