New ships withdraw orders exceeded 500

Release time:

2013-12-19

According to incomplete statistics, the number of new ship withdrawal orders has exceeded at least 500 ships. According to a Japanese survey, the total number of cancellation orders determined after last year was 533 as of the end of May. Among them, there are 341 bulk carriers, more than 60%, especially 105 Capesize, 98 tankers, and 33 container ships. In terms of construction countries, China has 233 ships and South Korea has 221 ships. Some people in the industry also predict that “the order withdrawal volume is 1,000”, so in fact, it has already exceeded 500. The increase in order withdrawals has eased the supply pressure on the maritime market.

The statistics include cancellation of orders, reservation of fleets, cancellation of LOI (default order quantity), etc. It does not include the situation that new ship contracts have not taken effect and options have not been fulfilled.

Bulk carriers account for the vast majority of orders, with 105 Capesize, 84 Handay, 69 Panamax, and 49 Handymax. The dry cargo market plummeted and emerging shipbuilders in South Korea and China mainly took orders The delay in the construction period in the process caused the cancellation request of the ordering party. Among the tankers, Suez has the largest number of 28 vessels, which is also the largest vessel type undertaken by emerging shipyards. There are 9 VLCCs and 48 chemical vessels. In terms of container ships, there are many orders from the original large shipyards, so although there are not many cancellations,

However, due to the sluggish market, delayed delivery is increasing.

Due to the economic recession, the number of automobile ships with an absolute reduction in transportation volume was 18. MPPs are more common in general cargo ships, and most of them are small LPG ships.

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The Chinese government focuses on supporting the shipbuilding industry

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The Chinese government focuses on supporting the shipbuilding industry

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