Korean media: Global shipbuilding orders fell 44% in September, South Korea lost to China by a margin of 1%!
On November 7, the Korean media "Herald Economic" published an article stating that in September this year, the global vessel orders decreased by 44% compared to the same period last year. South Korea and China divided the market, once again proving the "two superpowers" pattern in the shipbuilding industry. In particular, South Korea performed outstandingly in high-value-added vessel orders, occupying an advantage in the "quality competition".
According to Clarkson Research, a British shipbuilding and shipping analysis company, the total volume of global vessel orders in September was 3.5 million CGT, a decrease of 44% compared to the same period last year.
From the volume of orders, China ranked first with 1.42 million CGT (69 ships, 40%), and South Korea ranked second with 1.35 million CGT (33 ships, 39%).
However, from the CGT per ship, South Korea was 41,000 CGT, while China was 21,000 CGT, and the number of high-value-added vessel orders in South Korea was almost twice that of China.
As of the end of September, the global order backlog was 165.99 million CGT, a decrease of 70,000 CGT from August. According to the country, China ranked first with 108.6 million CGT (61%), followed by South Korea with 33.81 million CGT (20%).
Clarkson's new building index is 185.58, a decrease of 0.68 from the previous month.
By ship type, liquefied natural gas (LNG) carriers of 174,000 cubic meters or more are worth $250 million each, ultra-large crude oil tankers are worth $126 million each, and ultra-large container ships are worth $270 million each.
Original: www.toutiao.com/article/1848134566893596/
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