Sustained demand, especially for gas tankers and container ships, and a shortage of slots continue to impact global shipbuilding
New construction prices are on track to surpass the dizzying peaks reached in 2008. Clarksons Research‘s new construction price index has risen 5% since the start of the year and is now just 2% below its 2008 peak in nominal terms.
Gas tanker and container ship orders made headlines in 2024!
Once again, gas tanker and container ship orders made headlines in 2024, although unlike previous years, tanker and dry bulk orders also accelerated. Since the beginning of the year, MB Shipbrokers has registered container ship orders of around 603,000 TEUs and the Danish broker estimates that this figure will reach around 1 million TEUs in the coming months
According to Bimco
According to Bimco, the shipyards’ global order book currently stands at over 133 million gross net tonnes (CGT), an increase of 56 million CGT from the most recent low recorded at the end of 2020. Gas tankers and container carriers accounted for 35% respectively. % and 30% of the increase.
The number of orders for new builds of gas carriers (78) has more than doubled compared to the same period last year, when 34 orders were placed according to a recent analysis by VesselsValue. After a decade of decline, shipyard production has started to grow in recent years with first-quarter deliveries reaching a seven-year quarterly high of 10.1 million cgt, according to Clarksons Research, which forecasts a 15% increase in shipyard production for the full year 2024 to 40.6 million cgt.
Prospects for the shipbuilding industry
Analysts at Denmark Ship Finance are optimistic about the prospects for the shipbuilding industry, at least in the short term, with utilization rates expected to peak in 2024, before slowly weakening over the following two years. “Continued trading activity and limited shipyard availability are pushing newbuilding prices ever closer to all-time highs,” Denmark Ship Finance noted in a May report.
Meanwhile, according to Clarksons Research, in 2024 the additional ton-miles could break every record.The price of the transportation due to the Mar Rosso persists in the year – come before the inspection – Clarkson’s stima that the transportation price takes 3.600 milliards of tonnellate-miglia per day, with a share of 5.8%.
The project of Mar Rosso will conclude in the next month, in 2024, will start next year after the year of the tonnellate-miglia, the post-crisis financing period of 2010. Until 2025, the perturbation of Mar Rosso will end, the trend. You can turn on the switch and the miglia will be able to limit the size of the tonnellate-miglia.
Sources : Maritime Italy
