News
The Rise of RoRo Ships: Revolutionizing the Shipping Industry
Introduction: RoRo ships, short for Roll-on/Roll-off ships, have revolutionized the shipping industry with their unique design and capabilities. These vessels have played a significant role in transporting goods and vehicles across the globe efficiently. In this article, we will explore the history, advantages, and future prospects of RoRo ships. History: The concept of RoRo ships originated in the early 20th century when the need for a more efficient...
Shipbuilding: The long cycle of decades is finally about to start?
1. Delivery peak is approaching plate from the perspective of historical development. The shipbuilding industry is a typical long-cycle industry. Since 1986, the global shipbuilding industry has experienced nearly 10 large and small cycles. The bottom of the ship delivery volume moved up, and the cycle gradually shortened. The previous two rounds of downward cycles lasted 20 years and 15 years respectively. New orders for ships are a leading indicator...
Second-hand ship market -"old ship" sells "new price"
With the recovery of the global shipping industry in 2021, the second-hand ship trading market will also pick up significantly. From the perspective of the total deadweight of global second-hand ship transactions, according to Clarkson's statistics, the global second-hand ship transaction volume will reach 145 million dwt in 2021, a year-on-year increase of 46%. From the perspective of global second-hand ship transaction value, According to Clarkson's statistics, the total global...
Current situation of second-hand ship trade in China
Affected by the popularity of new shipbuilding orders, second-hand oil tanker prices have seen an increase. According to the data of China Ship Economic Research Center, the second-hand ship price of the five-year old Aframax tanker has reached US $62.5 million recently, with a year-on-year increase of 27.6%, and has reached 95% of the new ship price of US $65 million.This means that the price difference between second-hand and new...