Clarksons detects new ranking in shipbuilding
For the first time in 17 years, Japanese shipyards have surpassed their South Korean competitors in terms of order backlog. According to the UK-headquartered entity, Clarksons Research, Japanese shipyards totalled 20.6 million dwt in December 2016, surpassing the South Korean yards' 19.9 million dwt.
China, which continues to be the world leader in shipbuilding, ended the year with about 30 million dwt in its order book. A year ago, the portfolio of South Korean shipyards was well ahead (+20%) of the Japanese: 31.1 million dwt compared to 25.6 million dwt.
South Korean shipyards experienced the lowest figures since June 2003. The number of contracts for new construction vessels saw an 87% decline between January and September last year compared to the same period in 2015, due in part to lower orders from local shipping companies. (kd)