New Orders Mildly Increase
Global newbuilding order in February, 2013, was reported to be a combined 1.946mCGT (88 vessels) showing a slight decrease from the previous month.
Accumulated orders up to February were a combined 4.138CGT (190 vessels), which represents an increase by a small margin from 3.936mCGT (232 vessels) compared to the same period last year, in terms of cgt, according to Clarkson.
Korean shipbuilding industry won $1.222bn worth of new orders, a combined 843,000CGT (33 vessels), while China was awarded a total of 28 vessels of 580,000CGT worth $868m.
New orders contracted in February, 2013, by Korea and China, showed a decreasing trend in value terms against January’s 1.876bn and 2.132bn, respectively.
During last month, Korea won orders for MR PC, Handymax PC, LNG carrier, LPG carrier and offshore construction supply vessel while China was placed orders for bulker, VLCC, LR PC, VLGC, AHTS (Anchor Handling Tug Supply), PSV (Platform Supply Vessel) and DSV (Diving Support Vessel).
Both countries were placed orders for PC, gas carrier, offshore supply vessel, however, China won orders also in bulker and VLCC sectors.
Meanwhile, global newbuilding orderbook is said to be a total of 4,499 vessels of a combined 91.194mCGT, showing the lowest level since February, 2005.
Korean shipbuilding industry is standing on 777 vessels of a combined 28.347mCGT which represents an increase from 775 vessels of 28.251mCGT while China is on a decline with 1,827 vessels of a combined 33.134mCGT.


