Japan has been steadily losing market share for traditional ships over the last two decades to Korea and now to China. Japan has responded by focusing on higher tech vessels and high-spec traditional ships.Japanese shipyards enjoy a virtual monopoly in building ships for domestic shipping lines. The numbers reported were for export vessels. While certainly not the numbers one would wish to publish, they actually tell a remarkable tale of resiliency. Competition yards in Korea and China have seen new orders virtually disappear since 1Q08, and have been fighting order renegotiations and cancelations. According to the JSEA, the combined order backlog in March of 2009 is at 1,312 ships versus 1,335 in March of 2008. Any of the Korean or Chinese yards would love to have their backlogs show similar trends.
Sunday, May 3, 2009
47% Decline In Ship Orders Actually Good News
The JSEA represents the major Japanese shipbuilders, including Mitsubishi Heavy Industries, Imabari, IHI, Mitsui, Universal, Kawasaki and Sasebo
Japan has been steadily losing market share for traditional ships over the last two decades to Korea and now to China. Japan has responded by focusing on higher tech vessels and high-spec traditional ships.Japanese shipyards enjoy a virtual monopoly in building ships for domestic shipping lines. The numbers reported were for export vessels. While certainly not the numbers one would wish to publish, they actually tell a remarkable tale of resiliency. Competition yards in Korea and China have seen new orders virtually disappear since 1Q08, and have been fighting order renegotiations and cancelations. According to the JSEA, the combined order backlog in March of 2009 is at 1,312 ships versus 1,335 in March of 2008. Any of the Korean or Chinese yards would love to have their backlogs show similar trends.Read More
Japan has been steadily losing market share for traditional ships over the last two decades to Korea and now to China. Japan has responded by focusing on higher tech vessels and high-spec traditional ships.Japanese shipyards enjoy a virtual monopoly in building ships for domestic shipping lines. The numbers reported were for export vessels. While certainly not the numbers one would wish to publish, they actually tell a remarkable tale of resiliency. Competition yards in Korea and China have seen new orders virtually disappear since 1Q08, and have been fighting order renegotiations and cancelations. According to the JSEA, the combined order backlog in March of 2009 is at 1,312 ships versus 1,335 in March of 2008. Any of the Korean or Chinese yards would love to have their backlogs show similar trends.
New president for UAE Ship Owners Association
Dubai: Ahmad Abdullah Al-Ghurair, director of Emirates Trading Agency, has been elected president of the UAE Ship Owners Association (UAESOA) at that body's second AGM in Dubai.
The UAE ship owners discussed a number of topics in which they have a common interest. Of major concern to the ship owners were banks which were taking advantage of the very poor shipping markets by imposing unfair demands and increasing lending margins. The UAE ship owners agreed to share information about banks which impose unreasonable conditions on shipping loans and collectively take action against those banks. The UAE ship owners will also share information about charterers that default or do not live up to their obligations in charter parties.Read More
The UAE ship owners discussed a number of topics in which they have a common interest. Of major concern to the ship owners were banks which were taking advantage of the very poor shipping markets by imposing unfair demands and increasing lending margins. The UAE ship owners agreed to share information about banks which impose unreasonable conditions on shipping loans and collectively take action against those banks. The UAE ship owners will also share information about charterers that default or do not live up to their obligations in charter parties.
Sawu Sea now part of Indonesia’s water conservation programme
A3.5 million hectare sea in eastern Indonesia will be included as part of the country’s plans for a water conservation programme.
The water conservation plan, announced by Indonesia at an international conference staged in Brazil in March 2006, aims to eventually encompass a total of ten million hectares by 2010, and double that by 2020.The Sawu Sea, located off East Nusa Tenggara Province, has now been incorporated into Indonesia’s National Water Conservation Area, effectively helping the country meet its vast goal.Read More
The water conservation plan, announced by Indonesia at an international conference staged in Brazil in March 2006, aims to eventually encompass a total of ten million hectares by 2010, and double that by 2020.The Sawu Sea, located off East Nusa Tenggara Province, has now been incorporated into Indonesia’s National Water Conservation Area, effectively helping the country meet its vast goal.
Transas NavCom Package for Kugelbake
Transas Marine GmbH reported the completed supply of the full navigational and communication systems set to a newbuild RoRo vessel for Wulf Seetransporte GmbH & Co. KG, Cuxhaven.
Transas delivered a full set of radio-navigational equipment including dual Navi-Sailor 4000 MFD ECDIS, two Navi-Radar 4000 MFD X-band, all navigation sensors, Gyro and steering system and GMDSS A2 equipments, all supplied and commissioned turn-key ready. The 262.5 ft RoRo vessel has been named as MV Kugelbake and was constructed at BVT Bremen shipyard. The ship is designed especially to provide transportation of sections and parts of Airbus A380 aircraft from the remote production places in Bremen to the Airbus site in Hamburg. It also may be used as a supply vessel for offshore wind parks.Read More
Transas delivered a full set of radio-navigational equipment including dual Navi-Sailor 4000 MFD ECDIS, two Navi-Radar 4000 MFD X-band, all navigation sensors, Gyro and steering system and GMDSS A2 equipments, all supplied and commissioned turn-key ready. The 262.5 ft RoRo vessel has been named as MV Kugelbake and was constructed at BVT Bremen shipyard. The ship is designed especially to provide transportation of sections and parts of Airbus A380 aircraft from the remote production places in Bremen to the Airbus site in Hamburg. It also may be used as a supply vessel for offshore wind parks.
Subscribe to:
Posts (Atom)
