Orders continue to rise! The latest monthly report on the global shipbuilding industry is released

New orders: 87 vessels, compensated gross tonnage increased by 15.83% month-on-month

According to the latest Clarkson data (as of November 9, 2022), global new orders in October 2022 totaled 87 vessels, amounting to 3,824,363 CGT. Compared to September 2022, when global new orders totaled 87 vessels and 3,301,659 CGT, the number remained flat month-on-month, and compensated gross tonnage increased by 15.83% month-on-month. Compared to October 2021, when global new orders totaled 124 vessels and 2,871,521 CGT, the number decreased by 37 vessels year-on-year, and compensated gross tonnage increased by 33.18% year-on-year.

By vessel type: 3 bulk carriers, totaling 190,000 DWT; 4 oil tankers, totaling 544,000 DWT; 6 chemical tankers, totaling 252,600 DWT; 22 container ships, totaling 486,000 TEU; 21 LNG/LPG carriers, totaling 3,232,000 cubic meters; 14 other vessel types, totaling 266,648 CGT; 17 offshore vessels, totaling 98,610 CGT. DWT and CGT refer to Deadweight Tonnage and Compensated Gross Tonnage, respectively. TEU refers to Twenty-foot Equivalent Unit (for containers).

By order type: new orders include 3 Handymax bulk carriers; 2 Suezmax tankers and 2 Aframax tankers; 22 Post-Panamax container ships.

By country of shipyard receiving orders: In October, global new ship orders totaled 87 vessels, or 3,824,363 CGT. Chinese shipyards received 40 vessels, totaling 2,194,183 CGT; Japanese shipyards received 3 vessels, totaling 51,361 CGT; and Korean shipyards received 22 vessels, totaling 1,431,187 CGT. The compensated gross tonnage of new orders received by Chinese, Japanese, and Korean shipyards accounted for 57.37%, 1.34%, and 37.42% of the global new ship orders, respectively.

From January to October 2022, new ship orders totaled 1,252 vessels, amounting to 67,321,595 DWT. Compared to the same period in 2021, when new orders totaled 2,223 vessels and 126,354,798 DWT, the number of vessels and deadweight tonnage decreased by 43.68% and 46.72% year-on-year, respectively.

By vessel type: 232 bulk carriers, totaling 16,245,850 DWT; 35 oil tankers, totaling 3,826,598 DWT; 77 chemical tankers, totaling 1,915,018 DWT; 330 container ships, totaling 2,504,065 TEU; 179 LNG/LPG carriers, totaling 26,839,500 cubic meters; 166 offshore vessels, totaling 977,651 CGT; 233 other vessel types, totaling 3,574,915 CGT.

By country: China signed new orders for 634 vessels, totaling 16,753,049 CGT; Japan signed new orders for 109 vessels, totaling 2,358,012 CGT; South Korea signed new orders for 250 vessels, totaling 13,995,699 CGT. The compensated gross tonnage accounted for 47.50%, 6.69%, and 39.68% of the global new ship orders, respectively.
 

        Global orderbook: 3,676 vessels, quantity decreased by 1.87% month-on-month

Clarkson data shows that as of November 9, 2022, global shipyards held orders for 3,676 vessels, totaling 103,836,558 CGT. Compared to the statistics on October 9, 2022, which showed 3,746 vessels totaling 104,128,862 CGT, the number of vessels in the orderbook decreased by 1.87% month-on-month, and the compensated gross tonnage decreased by 0.28% month-on-month.

Among them, Chinese shipyards held orders for 1,995 vessels, totaling 46,054,315 CGT, accounting for 54.27% of the global market share by number of vessels and 44.35% by CGT; Japanese shipyards held orders for 517 vessels, totaling 9,519,506 CGT, accounting for 14.06% of the global market share by number of vessels and 9.17% by CGT; Korean shipyards held orders for 708 vessels, totaling 36,479,226 CGT, accounting for 19.26% of the global market share by number of vessels and 35.13% by CGT.

By main vessel types: orderbook for bulk carriers is 854 vessels, totaling 65,966,909 DWT; for oil tankers is 458 vessels, totaling 28,807,158 DWT; for container ships is 934 vessels, totaling 7,406,342 TEU.

Completions: 156 vessels, deadweight tonnage increased by 4.58% month-on-month

Clarkson data shows that in October 2022, global shipyards delivered a total of 156 new vessels, amounting to 7,515,476 DWT. Compared to September 2022, when 176 new vessels totaling 7,186,537 DWT were delivered, the number decreased by 11.36% month-on-month, and deadweight tonnage increased by 4.58% month-on-month. Compared to October 2021, when global shipyards delivered 173 new vessels totaling 5,806,902 DWT, the number decreased by 9.83% year-on-year, and deadweight tonnage increased by 29.42% year-on-year.

By vessel type, deliveries included: 36 bulk carriers, totaling 2,283,953 DWT; 17 container ships, totaling 142,130 TEU; 13 oil tankers, totaling 2,070,390 DWT; 17 chemical tankers, totaling 562,485 DWT; 13 LNG/LPG carriers, totaling 934,888 cubic meters; 32 offshore vessels, totaling 270,275 DWT; and 28 other vessel types, totaling 187,675 DWT.

From January to October 2022, global shipyards delivered a total of 1,705 new vessels, amounting to 69,599,595 DWT. Compared to the same period in 2021, when 1,937 new vessels totaling 76,011,233 DWT were delivered, the number decreased by 11.98% year-on-year, and deadweight tonnage decreased by 8.44% year-on-year.

By vessel type, deliveries included: 344 bulk carriers, totaling 26,087,835 DWT; 143 container ships, totaling 818,308 TEU; 196 oil tankers, totaling 22,961,063 DWT; 142 chemical tankers, totaling 3,712,661 DWT; 82 LNG/LPG carriers, totaling 6,457,345 cubic meters; 424 offshore vessels, totaling 1,324,677 DWT; and 374 other vessel types, totaling 2,447,837 DWT.