Market

Top 3 liners market shares hit nearly 50%

It is found that the top three liners - Mediterranean Shipping Comany (MSC), Maersk, and CMA CGM-accounted for nearly 50% of the whole containership market. According to Alphaliner's data as of November 9, a total of 7,154 contai..

News > Market > 2024-11-18 08:34:16

Containership order sees 52% surge

Global shipbuilders took in 254 new containerships year-to-date, which is a 52% surge compared to 167 vessels recorded in 2023. Of the total, according to Veson Nautical's data, the percentage of Neo-Panamax, Post-Panamax, and Ul..

News > Market > 2024-11-18 08:32:17

'Turning green' gains speed in ship orders

From January to October 2024, according to DNV, they won a total of 464 alternative-fueled newbuilds, representing a 46% year-on-year increase. In October only, the figure stands at 97. Jason Stefanatos, Global Decarbonization Direct..

News > Market > 2024-11-11 07:06:13

New order intakes plummeted last month

In October 2024, 77 newbuild vessels of a combined 2.41m cgt were reported ordered globally, down by 47% year-on-year in cgt terms. By country, last month, China dominated the new order sales market by securing as much as 65% shares ..

News > Market > 2024-11-11 07:05:36

Green fleet continues to grow

The number of eco-friendly vessels on operation or order reaches 8,716 in total as of the end of October 2024, up by 10.9% year-on-year. DNV has recently reported that scrubber-fitted vessels (5,452 units) make up the majority of the..

News > Market > 2024-11-11 07:04:42

Previous boxship delivery record broken

This year's container ship deliveries surpassed the previously achieved highest record, hitting a new annual high. Niels Rasmussen, the chief shipping analyst of Baltic and International Maritime Council (BIMCO), expects boxship ..

News > Market > 2024-11-11 07:03:42

Growth expected in 2024 oil tanker orders

Shipyards in the world is expected to win oil tankers of 50.53m dwt in 2024, representing a 46.6% year-on-year increase. According to the Maritime Strategies International (MSI), new order contracting in oil tanker sector will be rob..

News > Market > 2024-11-11 07:02:41

China leads global shipbuilding market

China's shipbuilding sector continues to lead in the global market, with steady growth in output, new orders and orders on hand in the first quarter of 2024. Shipbuilding completions totaled 12.35m dwt, up by 34.7% year-on-year, ..

News > Market > 2024-06-10 18:06:06

Korean ship exports grow in May

Shipyards in South Korea exported vessels worth $2.06bn, up by 108.4% against a year ago. With this, also, their exports have continued their upward movement 10 consecutive months. The Ministry of Trade, Industry and Energy (MOTIE) n..

News > Market > 2024-06-10 18:05:05

NB order volume down by 51%

Shipyards in the world were awarded 62 newbuilds of a combined 1.8m dwt in May this year, down by 51% year-on-year (in terms of cgt). By country, last month, China posted the No.1 position by securing 85% market shares (54 units of 1..

News > Market > 2024-06-10 18:04:04