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  • 2015 April 13 10:51

    Global backlog of orders exceeds 5,000 ships with aggregate deadweight of 308 mln t, CNIIMF says

    As of March 1, 2015 global backlog of orders exceeds 5,000 ships with aggregate deadweight of 308 mln t and total cost of $305 bln, IAA PortNews journalist cites Sergei Buyanov, Director General of CNIIMF, as saying at the Conference “Russian Shipbuilding”. According to him, almost half of orders in terms of deadweight are concentrated in China.

    Geographical footprint of global shipbuilding is concentrated in one region, the ‘big three’ countries of the Eastern Asia (China, Korea and Japan) which annually account for 92-94% of global cargo ships supplies. A group of Asian states which strive to develop their domestic shipbuilding (Philippines, Taiwan, Vietnam, India) are far behind of them. 

    “European shipyards account for less than 1% of shipbuilding orders worldwide. Almost all European countries once known for well developed national shipbuilding – Germany, UK, Netherlands, Italy, France etc. – have lost their competitiveness in terms of mass production of conventional cargo carriers,” Sergei Buyanov says.

    Meanwhile, when it comes to the cost of contracts the situation is different. S. Korea is the global leader with European shipbuilders looking much better here as they specialize in construction of hi-tech and high-cost vessels like multi-purpose supply vessels for oil & gas projects.

    As for the share of Russian shipbuilding, it is noticeable only in the sector of tanker shipbuilding with a relative share of 0.1% in global deadweight – these are mostly product carriers of sea and river class. At the same time, Russia is quite a large investor in global shipbuilding market. In 2014, it accounted for 13% of total investments made by European countries and 4.5% of global investments into new ships. Last year, Russia was the 16th in terms of deadweight of the fleet under its control which is 1.5% of global tonnage.

    Export contracts account for the majority of orders worldwide. Orders placed by national shipping companies make 30% of shipbuilding in China, 26% in Japan and 11% in S. Korea. As for the developing BRICS countries, they are focused mainly on their national demand: 77% in Brasilia and 50% in India. 

    The demand for newbuildings is currently formed by three groups of countries – first of all the largest economies and highly developed countries with a large share of maritime trade (USA, Japan, Germany), then conventional maritime carriers (Greece, Norway) and so called new industrial states (China, Singapore, South-East Asia countries). 

    In terms of investments into fleet construction, the leading countries are the USA, Greece, Norway, China and Japan.

2022 January 24

18:22 Nakilat takes delivery and management of fourth LNG carrier newbuild
18:09 CMA CGM and TotalEnergies launch Port of Marseille Fos’ first ship-to-containership LNG bunkering operation
17:55 Detachment of RF Navy’s Baltic Fleet went to sea to fulfill tasks of long-distance campaign
17:32 Raiffeisenbank opens USD 20 million credit facility for Sea Port of Saint-Petersburg
17:13 GTMaritime guide sets out future of maritime communications
16:50 Glavgosexpertiza approves construction of coal terminal Port “Vera” in Primorye
16:29 Salus Technical introduces its the cloud-based software Bowtie Master
15:58 Tersan shipyard lays down trawler for Magadan based fishing company Tikhrybkom
15:11 Wärtsilä hits methanol milestone with first newbuild engine order
14:30 Sea Port of Saint-Petersburg to take delivery of over 40 units of handling equipment and one 63-tonne crane in 2022
14:01 Dogger Bank announces supplier events for O&M phase
13:44 BW Offshore signed an agreement for the sale of the FPSO BW Joko Tole
13:21 Loko-Bank shareholder increased his share in FESCO to 26.52%
13:07 Royal Dutch Shell plc changes its name to Shell plc
12:44 FESCO increases number of transit container trains from CPV almost twice in 2021
12:23 EdgeTech rolls out the 6205s2 Swath Bathymetry & Side Scan Sonar System
12:18 PGS secures Northern Lights CO2 storage acquisition contract
11:52 Maersk Drilling secures 21-month contract with TotalEnergies
11:17 Second episode of a creative multimedia project named The Ecologist was launched in cooperation with Van Oord
10:49 Heerema announces contract with McDermott for Saudi Aramco’s Marjan Increment Program
10:42 Eastern Shipbuilding completes major infrastructure improvement project to support OPC program
09:28 Crude oil prices rise as demand increases
09:11 Baltic Dry Index as of January 21
08:37 MABUX: No firm trend on Global bunker market on Jan 24

2022 January 23

14:29 Record figures in Polish ports
13:52 Coast Guard to close southern Green Bay for commercial traffic
12:36 CMHI shipyard hosts a keel-laying ceremony for Ulstein designed expedition cruise vessel ‘Ocean Albatros’
11:47 SGMF releases updated version of LNG as a marine fuel – Safety and Operational Guidelines – Bunkering'
11:08 James Fisher Renewables secures high voltage safety management commissioning contract from Iberdrola’s Baltic Eagle offshore win
10:57 BW Ideol secures close to 1GW of offshore floating wind acreage in ScotWind leasing round
09:51 AIDA named Top Employer again

2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
13:29 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
12:41 New year boost for MYCRANE as four lifting experts join the team
12:07 Mitsui O.S.K. Lines, Ltd. and Bombora Wave Power strengthen their collaboration through an investment
11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker