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Newbuilding price down to 8-year lows experts say 50% of shipping enterprises would go bankrupt in t
Date:2012.07.03 Source:Horizon Industry Group (HK) Co., Ltd. Hits:
The downturn in the shipbuilding industry to make the shipyard all the time looking forward to the signing of a single, but the shipping company itself is no guarantee that the premise, but was powerless, not orders to buy the boat.

In this regard, the shipping market of Shanghai International Shipping Research Center Deputy Director Zhang Yongfeng Securities Journal reporter analysis: market recovery in the shipping industry still depends on a large trade and economic improvement of the environment and the shipping market supply and demand changed from the current situation point of view, the next two years, the shipping market, the situation is still grim. "

50% of the shipyard will be bankrupt

Review the shipping industry and shipbuilding former prosperity are now desolate, and the blind expansion of the previous are not unrelated.

State Council Development Research Center of Resources and Environmental Policy Research Institute, deputy director, Zuo-Jun in its microblogging, shipbuilding and transport the day sad, and more serious losses and cut-off phenomenon is not accidental. "First, a few years before the development too crazy, serious excess capacity; they are typical cyclical industry, economic downturn and its impact is significant; three by the international financial crisis; Chinese economy may enter the weight of the second half of the industrial stage, the potential demand is declining.

Shipping market in the doldrums, some shipping companies in advance of the ship does not make money discarded. June 21, Ningbo shipping announcement that the price of 28.4545 million yuan, "Minnesota 28" wheel sold to Zhejiang Wang Eagle shipbreaking. May 30, the development of the sea with the franchised shipbreaking business company Digang Di Lee entered into a Sale and Purchase Agreement to consideration of 32.54 million yuan to sell two bulk carriers as Fei Gangchuan.

Under the premise of the shipping companies to reduce the capacity of the shipyard is also deeply affected and a nose-dive.

Today, the global shipbuilding industry due to the sharp drop in orders faced with a workload shortage of crisis, in this case, the first time in eight years, new shipbuilding prices also fell to its lowest level. The end of May, Clarkson shipbuilding price index to reach 133.8p 5.1p (3.7%) decreased compared to the end of last year, a decline of 0.4p, which is down to its lowest level following the first time since March 2004.

January to May this year, according to ClarksonResearch new global shipbuilding orders for 6.7 million CGT, an 50% reduction in orders totaling $ 22.3 billion on an annual basis dropped 47%, the global shipbuilding industry is facing a sharp drop in orders and shipping price decline double crisis.

In the largest province of China's shipbuilding shipyard closed down, the China State Shipbuilding Corporation general manager Tan Zuojun the mainland, 50 percent of the shipyard will be bankrupt within the next two to three.

Shipping industry is still grim

Zhang Yongfeng said: "slump in the market, good or bad because of the shipping industry and development trends, a direct impact on the shipping or owner of the goods enterprises, shipbuilding enthusiasm and direction of demand, thereby affecting the number of orders and business direction of the shipyard, the survival of the shipbuilding industry and restructuring and development have played a pivotal role. "

However, from the recent economic trends, the recovery in the shipbuilding industry within the foreseeable future.

Recently, the Shanghai International Shipping Research Center released the second quarter of 2012 the shipping market analysis Review and Third Quarter Outlook "report shows that the second quarter of this year, world economic growth below expectations, and further increase the pressure of economic downturn.

The report pointed out that the second quarter of this year, international oil prices fall, international container shipping companies began to make a profit and loss situation of the oil tanker transport companies have also been changed, but the dry bulk transport enterprises encountered serious financial difficulties, serious loss.

"The shipping industry should be said that into the most difficult period, especially in dry bulk ship a particularly difficult situation." Zhang Yongfeng, subject to the risk of economic recession in Europe is still strong and the weak U.S. economic recovery and development of emerging economies slowdown shrinking market demand. The shipping market is facing a large number of transport capacity, a serious oversupply of capacity, intense competition between shippers companies or shipping companies. With the rise of other production costs of oil and shipping companies, shipping companies freight revenue is substantially reduced, generally faced with the loss.

He believes that the shipbuilding market recovery still depends on the improvement of economic and trade environment and the shipping market supply and demand changed. From the current situation, the shipping market, the situation remains grim in the next 2 years.
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