| |
Home >
Industry
>
Industry
>
Report on Shipbuilding Industry
Report on Shipbuilding Industry
BharatBook adds new report on "Report on Shipbuilding Industry" which elucidates facts about the global Shipbuilding Industry, supplemented by latest statistical data and comprehensive analysis.
Navi Mumbai,
Maharashtra,
India
(pr4links.com)
09/11/2010
The Shipbuilding Industry- Riding the Economic Wave
The global economic recession and the decline in sea-borne trade led to over-capacity of ships globally ultimately affecting the performance of the shipbuilding industry during CY09. The global shipbuilding orderbook declined from 367.2 mn GT as on December 31, 2008 to 303.5 mn GT as on December 31, 2009 primarily led by the slow growth of new-build orders aggregating 18.2 mn GT during CY09 as against 90.7 mn GT during CY08. The vessel deliveries however continued to grow at a steady pace with 75.7 mn GT of vessels delivered during CY09 compared to 64.2 mn GT of deliveries during CY08.
The record scrapping volume particularly in the dry bulk vessel segment and y-o-y decline in vessel prices in the range of 20-30% provided no respite to the dwindling global shipbuilding orderbook, especially in case of major shipbuilding nations such as S. Korea, China and Japan thereby requiring their respective governments to take corrective measures in terms of restructuring of yards facing financial crisis and also offering monetary and non-monetary incentives to boost the industry’s prospects. However, the Asian shipbuilders continue to dominate the global orderbook accounting for 95.1% of the total as on December 31, 2010. Of the same, in continuation of the trend during CY08, the market share of the S. Korean shipbuilders remained the highest at 37%. The share of the Chinese and Japanese shipbuilders stood at 36.1% & 16.8% respectively.
The Indian shipbuilders occupied 5th rank globally accounting for 1.44% of the global orderbook with 2.2 mn CGT of vessels on order as on December 31, 2009. The Indian shipbuilders specialise in the construction of offshore vessels. However, the expansion of shipyards to the extent of constructing bigger vessels such as dry bulk carriers has enabled the Indian shipbuilders to attract new-build orders in the said vessel segment. Importantly, the Indian yards reported no major instance of order cancellation during CY09 (except in case of Pipavav Shipyard) as compared to their peers in S. Korea and China, primarily owing to no speculative orders being placed with the Indian yards and majority of the orders being received from repetitive clients.
CARE Research expects the shipping fleet to be in over-capacity during CY10-CY13 based on a combined mix of factors such as world fleet size, world GDP - current prices and the historical trend of sea-borne trade. Inspite of the new-build vessel prices declining by 20-30% on y-o-y basis, CARE Research expects increased demand for second-hand vessels as compared to new-builds. The said demand is expected to be driven by relatively lower prices of second-hand vessels with younger fleet on offer.
The report elucidates facts about the global Shipbuilding Industry, supplemented by latest statistical data and comprehensive analysis. The report comprising five sections provides an in-depth view of the global Shipbuilding Industry and market trends during CY09, the Ship repair industry & the major Indian players operating in the industry.
Section I: Outlook
Estimates of over-capacity in the shipping sector during CY10-CY13 based on a combined mix of factors such as forecasts of world fleet size, sea-borne trade growth, scrapping etc.
Second- hand vessel purchase v/s new-build vessel purchase: Cost-benefit analysis uptill CY13
Outlook based on vessel segment i.e. wet bulk carriers, dry bulk carriers and containerships
Outlook on global scrapping volumes and order cancellations
Growth prospects of the Indian Shipbuilding industry outlining the challenges and concerns
Section II: Market Trends CY09
Vessel-wise trends during CY09 in terms of growth/de-growth of orderbooks, newbuild orders and their prices, Investments, deliveries and scrapping volumes
Developments in major shipbuilding nations i.e. South Korea, China, Japan and Europe focusing on orderbook composition, size and growth, new orders and deliveries during
CY09, major shipyards, policy reforms adopted by the respective governments etc.
Developments in the Indian shipbuilding scenario during CY09, orderbook composition and delivery schedule, brief profile of top Indian shipyards etc. Cost Analysis of the Indian shipbuilders
Analytical models i.e. SWOT Analysis and Porter’s Five Force Model
Section III: Industry Basics
Evolution of the shipbuilding industry and its inherent characteristics
Demand drivers propelling the industry’s growth broadly classified as Incremental and Replacement demand drivers
The making of shipyards covering step-by-step approach right from conception to implementation process of shipyard construction, break-up of cost structure etc.
The shipbuilding process flow, classification of ships and determinants of vessel price etc.
Section IV: The Ship Repair Industry
Introduction to the global ship repair industry in terms of market size, major players in the global arena etc.
Overview of the Indian ship repair industry with emphasis on the Xth plan targets & achievements and the XIth plan target projections
Costs involved in ship repair
Section V: Review Of Indian Shipbuilders
In-depth study of the Indian shipbuilders i.e. ABG Shipyard, Bharati Shipyard, Cochin
Shipyard, Hindustan Shipyard and Pipavav Shipyard with particular emphasis on their operational and financial performance (FY07- FY09), orderbook position, Capex etc.
To know more and to buy a copy of the report "Report on Shipbuilding Industry" feel free to visit http://www.bharatbook.com/detail.asp?id=85212&rt=Report-on-Shipbuilding-Industry.html
Or
Contact us at :
Bharat Book Bureau
207, Hermes Atrium, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India.
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook
About
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty two years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.
Category :
Industry:Industry
Subscribe to
Industry Keywords :
Demand Forecast, India, Industry, Market, Market Forecast, Market Growth, Market Leaders, Market Report, Market Share, Market Size, Report, Research
|