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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...

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...

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...

Recently some authority research institute have published their market overview and outlook about mainstream vessel types for Q2 2023 aiming at provide reliable guidance for global shipping market and second-hand vessels in China. Currently, the complexity of international situation will continue influence the relation between supply and demand. High inflation and monetary policies will affect consumer sentiment and investment spending. Recent uncertainty in the banking industry, due to decreased liquidity and...