Special report: Shipbuilding & recycling
The Shipbuilding industry continues to be burdened by surplus capacity and while consolidation will likely continue in the years to come, we anticipate a bumpy road ahead. Meanwhile Ship recycling needs to become more sustainable and while more transparency could be the key to making this happen, progress has been slow. This report examines the macro trends offering a view of the industries to come, while focusing on the more immediate prospects of yards, utilising the latest Lloyd’s List Intelligence shipbuilding forecast data.
Starved shipbuilders offered ray of light
Owners are returning to yards fuelled by improved freight market sentiment and low ship prices. However, shipyards must be vigilant about the repercussion of loss-making orders that could be amplified by continued weakening of the US dollar
Newbuild orders look set to regain pace in 2021
The latest Lloyd’s List Intelligence Shipbuilding Outlook shows contracts for 2020 at historical lows, but prospects are much brighter for next year, amid hope that Covid-induced uncertainty will be lifted
World boxship fleet update: A fresh look at newbuildings
After the overcapacity of the past decade, box shipping's supply and demand equation is coming back into balance, with lines now looking to go back to the yards to refresh their fleets
Yard Talk | Why China is looking to China to support its shipping strategy
China has long sought to support the basic strategic goal of more Chinese cargo being carried by more Chinese ships, but never quite managed to pull it off. The shifting economic conditions, however, may well present the perfect opportunity to finally cement ‘guohuo guoyun’ as a reality and China’s shipyards will be reaping the rewards
Shipowner confidence in LNG as a marine fuel ‘improving’
Some 55 tankers on order have dual-fuel engines, with no contracts signed this year for liquefied natural gas-ready ships that can convert to the bridging marine fuel
EU to tighten recycling rules amid coronavirus uncertainty
The obligation for an Inventory of Hazardous Materials for ships calling at EU ports has been complicated by the coronavirus pandemic
Ship recycling prices to remain buoyant despite disruption
Prices paid to shipowners for their vintage tonnage are predicted to remain buoyant, with a reasonably good recycling offering expected in the coming year
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