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Growth in order in the first half of the year cannot remove Shipyards’ worries

作者:Tan; Songnewbuildingsdwt

摘要:The new shipbuilding market was active in the first half of 2017and the volume of newbuildings increased significantly compared with the same period last year. The cumulative transaction of the first half of 2017 amounted to 378 ships, 25.72 million DWT and 9.656 million CGT, increased respectively by 24.3%, 37.5% and 37.4% compared with the first half of 2016 and increased by 40.5%, 116% and 72.3% compared with the second half of 2016. In 2016, the world's transaction of newbuildings was 30.6 million DWT which was the lowest in 33 years. The shipping market gradually became active in the first quarter of 2017 and the volume of transaction of the second quarter was gradually enlarged, partly due to the Ballast Water Convention which is going to be in force in September 2017. However, since the number of transactions of all types of ships in 2016 was too low, though the rate of growth of newbuilding transactions in 2017 has greatly surprised the industry, the absolute trading volume is still very low.

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