Clarksons released its August data, showing that the overall order volume in the new shipbuilding market plummeted 65% compared with the same period last year, with Chinese shipyards still ranking first.
According to data released by Clarksons on September 5, global new ship orders in August this year were 2.44 million compensated gross tonnages (CGT, 82 ships), which was a 65% decrease from the same period last year (6.93 CGTs) and an 18% decrease from the previous month based on CGTs.
By country, Chinese shipbuilders received new orders of 1.38 million CGTs (57 ships), with a market share of 57%, ranking first in the world; South Korean shipbuilders received new orders of 560,000 CGTs (8 ships), with a market share of 23%, following closely behind.
Data shows that global new ship orders totaled 34.48 million CGTs (1,912 ships) from January to August this year, a 14% decrease from the same period last year (40.14 million CGTs, 2,190 ships). During this period, Chinese shipbuilders received orders of 13.96 million CGTs (872 ships), accounting for 40% of the market share, a decrease of 17% from the same period last year, ranking first. South Korean shipbuilders received orders of 8.91 million CGTs (251 ships), accounting for 26% of the market share, a decrease of 14% from the same period last year, ranking second.
As of the end of August, the global orderbook for new ships reached 164.9 million CGTs, a decrease of 980,000 CGTs from the previous month. By country, Chinese shipbuilders had an orderbook of 99.92 million CGTs, an increase of 13.6 million CGTs year-on-year and 420,000 CGTs month-on-month, maintaining their top market share with a 61% market share. South Korean shipbuilders had an orderbook of 34.52 million CGTs, a decrease of 4.77 million CGTs year-on-year and an increase of 700,000 CGTs month-on-month, ranking second with a 21% market share.
As of the end of August, the Clarksons Newbuilding Price Index was 186.26, down 0.39 points from 186.65 the previous month, remaining stable. Compared with 126.97 in August 2020, it increased by 47%, indicating that the upward trend in ship prices continues.
By ship type, the newbuilding price of a 174,000 cubic meter large liquefied natural gas (LNG) carrier is about US$250 million, down US$1 million from July; the newbuilding price of a very large crude oil carrier (VLCC) is about US$126 million, the same as last month; the newbuilding price of an ultra-large container ship (22,000TEU-24,000TEU) is about US$273 million, the same as last month.