Domestic new ship cost is weak

As the year approached, the performance of the domestic new shipbuilding market was mixed. While the volume of orders received was still rising, the price of the ship was still weak. Some industry sources believe that only from the point of view of the increase in the number of shipbuilding orders can not yet indicate the recovery of the entire shipbuilding market.

According to the statistics of the China Newbuilding Price Index, the number of orders received by domestic shipyards in October continued to expand in October, and 153 new orders were received, an increase of 94 vessels over October. Among them, the government official ship has become the main force of domestic orders, reaching as many as 64 ships. However, due to the limited tonnage of official vessels, the increase in total tonnage is also expected to be limited.

However, judging from the newbuilding price index (CNPI), the index point at 857 points in the first half of December fell by 0.12% from the end of November, reflecting the weakness of the new shipbuilding price in the market.

Specific to the mainstream ship type, the bulk cargo ship market was quiet and sluggish in the first half of December, and the transaction volume decreased compared with November. The two most recent deals were COSCO Guangdong CO., Ltd. received orders for two Handysize dry bulk carriers from European shipowners, and Jingjiang Nanyang Shipbuilding Company and six KMD Shipping companies in Ukraine signed contracts for the construction of six 6000 DWT bulk carriers.

Fan Shuangrui, general manager assistant of China Newbuilding Price Index, said that the end of the year is approaching and most buyers are now taking a wait-and-see attitude, leading the bulk carrier market to enter a period of desolate times.

The tanker market is relatively active compared to the bulk carrier market. Following the signing of the “2+2” VLCC shipbuilding contract between China Shipbuilding Group and COSCO Group on November 12th, CSSC Heavy Industry Group also signed a 2+2 ship of 30.8 million at COSCO Dalian Shipyard with COSCO Group on December 4th. Ton VLCC agreement.

Fan Shuangrui told reporters that due to the strength of the Korean shipbuilding industry in the tanker manufacturing sector, orders for oil tankers in November were almost taken away by the Korean shipyards. Therefore, the performance of the domestic oil tanker market this month can be viewed as a policy of “national shipment, national transport, national round country-building” policy. Concrete implementation will also be the beginning of further deepening of this policy.

Sun Xu, an analyst at UBS Securities, predicts that the shipbuilding industry will remain a difficult year next year, and the real industry recovery is expected to be in 2015. Affected by falling steel prices and low capacity utilization rate in the industry, new shipbuilding prices will further decline. Global new ship orders will reach 46.4 million dwt next year, up 12% year-on-year, but it is still at historically low levels, accounting for only 2007 orders. 17%.