Three major ship owners dominated the newbuilding market in the first half of the year

2013-07-30 09:37

In the first half of 2013, new shipbuilding orders globally totaled 48 million deadweight tons (749 vessels, 16.7 million corrected gross tons), a year-on-year increase of 64%.

Recently, newbuilding prices hit a historic low, while orders for environmentally friendly and highly efficient designed vessels showed an upward trend. According to Clarkson, orders for the three major merchant ships—bulk carriers, tankers, and container ships—increased significantly year-on-year.

In the first half of the year, global shipbuilding orders for bulk carriers totaled 23.6 million deadweight tons (272 vessels, 5.3 million corrected gross tons), nearing the 2012 annual average order volume of 25.5 million deadweight tons.

By ship type, bulk carrier orders included 67 Capesize, 35 Panamax, 100 Supramax, and 70 Handysize vessels. Capesize bulk carrier orders, in particular, exceeded last year's 39 vessels.

During the same period, tanker orders approached last year's level of 13.6 million deadweight tons, reaching 12.5 million deadweight tons (132 vessels, 3.2 million corrected gross tons) in the first half of this year. By ship type, this included 13 VLCCs, 1 Suezmax tanker, 38 Aframax tankers, 68 MR product tankers, and 12 specialized chemical tankers.

In the first half of this year, container ship orders totaled 90 vessels, exceeding last year's annual order intake of 74 vessels. This included 53 large container ships of 8,000 TEU or more, 16 medium-sized vessels, and 21 small vessels under 3,000 TEU.

Orders for large vessels, in particular, increased significantly compared to last year's 21 vessels.

Conversely, orders for offshore engineering vessels in the first half of the year, including drilling rigs, FPSOs, and offshore support vessels, totaled only 123 vessels (1.1 million corrected gross tons), lower than last year's 383 vessels (4.1 million corrected gross tons).

During the same period, LNG and LPG vessel orders were 23 and 27 vessels respectively, compared to 36 and 53 vessels last year, with order placement continuing steadily. LPG vessel orders were mainly for large vessels.

Furthermore, according to Clarkson, the total value of new shipbuilding orders globally in the first half of the year reached US$36.9 billion, remaining almost the same as the US$37.2 billion in the same period last year.

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