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.:Maritime News :.
October-2019
17-Oct-2019 [13]
16-Oct-2019 [16]
15-Oct-2019 [12]
14-Oct-2019 [16]
12-Oct-2019 [6]
11-Oct-2019 [12]
10-Oct-2019 [14]
9-Oct-2019 [14]
7-Oct-2019 [11]
5-Oct-2019 [7]
4-Oct-2019 [14]
3-Oct-2019 [14]
1-Oct-2019 [15]
September-2019
30-Sep-2019 [16]
28-Sep-2019 [14]
26-Sep-2019 [17]
25-Sep-2019 [19]
24-Sep-2019 [13]
23-Sep-2019 [15]
21-Sep-2019 [5]
20-Sep-2019 [15]
19-Sep-2019 [17]
18-Sep-2019 [13]
17-Sep-2019 [14]
16-Sep-2019 [11]
14-Sep-2019 [6]
13-Sep-2019 [12]
12-Sep-2019 [6]
11-Sep-2019 [16]
10-Sep-2019 [13]
9-Sep-2019 [8]
6-Sep-2019 [14]
5-Sep-2019 [14]
4-Sep-2019 [10]
August-2019
31-Aug-2019 [6]
30-Aug-2019 [11]
29-Aug-2019 [10]
28-Aug-2019 [12]
27-Aug-2019 [12]
26-Aug-2019 [11]
24-Aug-2019 [6]
23-Aug-2019 [11]
22-Aug-2019 [10]
21-Aug-2019 [14]
19-Aug-2019 [14]
16-Aug-2019 [8]
14-Aug-2019 [13]
13-Aug-2019 [10]
12-Aug-2019 [13]
10-Aug-2019 [5]
9-Aug-2019 [8]
8-Aug-2019 [12]
7-Aug-2019 [12]
6-Aug-2019 [11]
5-Aug-2019 [11]
3-Aug-2019 [12]
July-2019
31-Jul-2019 [8]
30-Jul-2019 [12]
29-Jul-2019 [9]
27-Jul-2019 [9]
26-Jul-2019 [10]
25-Jul-2019 [11]
24-Jul-2019 [14]
23-Jul-2019 [12]
22-Jul-2019 [12]
19-Jul-2019 [14]
18-Jul-2019 [11]
17-Jul-2019 [10]
16-Jul-2019 [15]
13-Jul-2019 [12]
9-Jul-2019 [8]
8-Jul-2019 [13]
6-Jul-2019 [5]
5-Jul-2019 [10]
4-Jul-2019 [11]
3-Jul-2019 [12]
2-Jul-2019 [8]
1-Jul-2019 [14]
June-2019
29-Jun-2019 [6]
27-Jun-2019 [14]
26-Jun-2019 [15]
25-Jun-2019 [12]
24-Jun-2019 [11]
22-Jun-2019 [6]
21-Jun-2019 [10]
20-Jun-2019 [12]
19-Jun-2019 [14]
18-Jun-2019 [14]
17-Jun-2019 [12]
14-Jun-2019 [9]
13-Jun-2019 [17]
12-Jun-2019 [10]
10-Jun-2019 [14]
8-Jun-2019 [7]
7-Jun-2019 [10]
6-Jun-2019 [14]
5-Jun-2019 [11]
4-Jun-2019 [8]
3-Jun-2019 [9]
May-2019
30-May-2019 [12]
29-May-2019 [14]
27-May-2019 [12]
25-May-2019 [6]
24-May-2019 [10]
23-May-2019 [18]
22-May-2019 [14]
21-May-2019 [15]
20-May-2019 [14]
17-May-2019 [17]
16-May-2019 [15]
15-May-2019 [17]
14-May-2019 [11]
13-May-2019 [13]
11-May-2019 [11]
9-May-2019 [12]
8-May-2019 [12]
7-May-2019 [14]
6-May-2019 [12]
3-May-2019 [13]
2-May-2019 [11]
April-2019
30-Apr-2019 [11]
27-Apr-2019 [5]
26-Apr-2019 [7]
25-Apr-2019 [14]
24-Apr-2019 [16]
23-Apr-2019 [14]
22-Apr-2019 [14]
18-Apr-2019 [15]
17-Apr-2019 [18]
16-Apr-2019 [13]
15-Apr-2019 [13]
13-Apr-2019 [8]
12-Apr-2019 [15]
11-Apr-2019 [15]
10-Apr-2019 [11]
9-Apr-2019 [13]
8-Apr-2019 [16]
5-Apr-2019 [11]
4-Apr-2019 [14]
3-Apr-2019 [17]
2-Apr-2019 [15]
1-Apr-2019 [14]
March-2019
30-Mar-2019 [7]
29-Mar-2019 [9]
28-Mar-2019 [14]
27-Mar-2019 [11]
25-Mar-2019 [9]
23-Mar-2019 [7]
22-Mar-2019 [18]
20-Mar-2019 [16]
19-Mar-2019 [16]
18-Mar-2019 [11]
16-Mar-2019 [9]
15-Mar-2019 [16]
14-Mar-2019 [13]
13-Mar-2019 [16]
12-Mar-2019 [15]
11-Mar-2019 [9]
9-Mar-2019 [5]
8-Mar-2019 [18]
7-Mar-2019 [13]
6-Mar-2019 [16]
4-Mar-2019 [12]
1-Mar-2019 [17]
February-2019
28-Feb-2019 [9]
27-Feb-2019 [14]
25-Feb-2019 [14]
23-Feb-2019 [10]
22-Feb-2019 [15]
21-Feb-2019 [16]
20-Feb-2019 [16]
19-Feb-2019 [14]
18-Feb-2019 [11]
16-Feb-2019 [10]
15-Feb-2019 [9]
14-Feb-2019 [15]
13-Feb-2019 [15]
12-Feb-2019 [14]
11-Feb-2019 [14]
7-Feb-2019 [14]
6-Feb-2019 [13]
5-Feb-2019 [14]
4-Feb-2019 [11]
2-Feb-2019 [9]
1-Feb-2019 [12]
January-2019
31-Jan-2019 [14]
30-Jan-2019 [12]
29-Jan-2019 [13]
28-Jan-2019 [14]
25-Jan-2019 [8]
24-Jan-2019 [14]
23-Jan-2019 [13]
22-Jan-2019 [15]
21-Jan-2019 [10]
18-Jan-2019 [15]
16-Jan-2019 [19]
12-Jan-2019 [8]
11-Jan-2019 [18]
10-Jan-2019 [18]
9-Jan-2019 [15]
8-Jan-2019 [12]
7-Jan-2019 [14]
5-Jan-2019 [8]
4-Jan-2019 [16]
3-Jan-2019 [13]
2-Jan-2019 [9]
December-2018
31-Dec-2018 [5]
29-Dec-2018 [12]
27-Dec-2018 [9]
26-Dec-2018 [11]
22-Dec-2018 [7]
21-Dec-2018 [15]
18-Dec-2018 [9]
17-Dec-2018 [11]
15-Dec-2018 [8]
14-Dec-2018 [13]
13-Dec-2018 [16]
12-Dec-2018 [15]
11-Dec-2018 [15]
10-Dec-2018 [17]
7-Dec-2018 [14]
6-Dec-2018 [14]
5-Dec-2018 [14]
4-Dec-2018 [14]
3-Dec-2018 [12]
1-Dec-2018 [8]
November-2018
30-Nov-2018 [13]
29-Nov-2018 [13]
28-Nov-2018 [14]
27-Nov-2018 [13]
26-Nov-2018 [13]
23-Nov-2018 [14]
22-Nov-2018 [11]
21-Nov-2018 [17]
20-Nov-2018 [13]
17-Nov-2018 [10]
16-Nov-2018 [13]
15-Nov-2018 [14]
14-Nov-2018 [16]
13-Nov-2018 [14]
12-Nov-2018 [13]
10-Nov-2018 [9]
8-Nov-2018 [13]
6-Nov-2018 [12]
5-Nov-2018 [12]
3-Nov-2018 [10]
2-Nov-2018 [12]
1-Nov-2018 [17]
October-2018
31-Oct-2018 [16]
29-Oct-2018 [14]
26-Oct-2018 [15]
25-Oct-2018 [11]
22-Oct-2018 [11]
20-Oct-2018 [11]
19-Oct-2018 [20]
17-Oct-2018 [17]
16-Oct-2018 [15]
15-Oct-2018 [15]
13-Oct-2018 [10]
12-Oct-2018 [15]
11-Oct-2018 [17]
10-Oct-2018 [14]
9-Oct-2018 [17]
6-Oct-2018 [10]
5-Oct-2018 [15]
4-Oct-2018 [14]
3-Oct-2018 [15]
1-Oct-2018 [13]
September-2018
29-Sep-2018 [10]
28-Sep-2018 [14]
27-Sep-2018 [18]
26-Sep-2018 [16]
25-Sep-2018 [20]
24-Sep-2018 [12]
22-Sep-2018 [4]
21-Sep-2018 [17]
20-Sep-2018 [15]
19-Sep-2018 [15]
18-Sep-2018 [15]
17-Sep-2018 [12]
15-Sep-2018 [11]
12-Sep-2018 [16]
11-Sep-2018 [15]
10-Sep-2018 [8]
7-Sep-2018 [13]
6-Sep-2018 [15]
5-Sep-2018 [10]
4-Sep-2018 [17]
3-Sep-2018 [11]
August-2018
30-Aug-2018 [14]
27-Aug-2018 [15]
24-Aug-2018 [11]
23-Aug-2018 [16]
22-Aug-2018 [15]
21-Aug-2018 [16]
20-Aug-2018 [12]
18-Aug-2018 [9]
17-Aug-2018 [17]
16-Aug-2018 [17]
14-Aug-2018 [20]
13-Aug-2018 [8]
11-Aug-2018 [9]
10-Aug-2018 [16]
9-Aug-2018 [18]
8-Aug-2018 [16]
7-Aug-2018 [13]
6-Aug-2018 [14]
4-Aug-2018 [9]
3-Aug-2018 [16]
2-Aug-2018 [18]
1-Aug-2018 [17]
July-2018
31-Jul-2018 [15]
30-Jul-2018 [11]
28-Jul-2018 [9]
27-Jul-2018 [12]
26-Jul-2018 [11]
25-Jul-2018 [13]
21-Jul-2018 [11]
19-Jul-2018 [9]
18-Jul-2018 [13]
17-Jul-2018 [13]
16-Jul-2018 [10]
14-Jul-2018 [6]
13-Jul-2018 [17]
12-Jul-2018 [13]
11-Jul-2018 [15]
10-Jul-2018 [18]
9-Jul-2018 [16]
6-Jul-2018 [16]
5-Jul-2018 [16]
4-Jul-2018 [16]
3-Jul-2018 [15]
June-2018
30-Jun-2018 [8]
29-Jun-2018 [17]
28-Jun-2018 [12]
27-Jun-2018 [19]
26-Jun-2018 [16]
25-Jun-2018 [15]
22-Jun-2018 [14]
21-Jun-2018 [16]
20-Jun-2018 [11]
19-Jun-2018 [11]
18-Jun-2018 [18]
16-Jun-2018 [7]
15-Jun-2018 [13]
14-Jun-2018 [18]
13-Jun-2018 [17]
12-Jun-2018 [11]
11-Jun-2018 [14]
8-Jun-2018 [15]
7-Jun-2018 [15]
6-Jun-2018 [15]
5-Jun-2018 [18]
4-Jun-2018 [11]
2-Jun-2018 [9]
1-Jun-2018 [16]
May-2018
31-May-2018 [19]
30-May-2018 [21]
29-May-2018 [18]
28-May-2018 [17]
26-May-2018 [10]
25-May-2018 [18]
24-May-2018 [21]
23-May-2018 [13]
22-May-2018 [10]
21-May-2018 [10]
19-May-2018 [17]
17-May-2018 [15]
16-May-2018 [12]
15-May-2018 [20]
14-May-2018 [14]
12-May-2018 [12]
10-May-2018 [18]
9-May-2018 [13]
8-May-2018 [18]
7-May-2018 [14]
4-May-2018 [14]
3-May-2018 [15]
2-May-2018 [21]
April-2018
30-Apr-2018 [11]
28-Apr-2018 [9]
27-Apr-2018 [15]
26-Apr-2018 [11]
25-Apr-2018 [17]
24-Apr-2018 [14]
23-Apr-2018 [12]
20-Apr-2018 [15]
18-Apr-2018 [14]
17-Apr-2018 [11]
16-Apr-2018 [12]
13-Apr-2018 [17]
12-Apr-2018 [15]
11-Apr-2018 [16]
10-Apr-2018 [18]
7-Apr-2018 [8]
6-Apr-2018 [14]
5-Apr-2018 [8]
4-Apr-2018 [15]
3-Apr-2018 [10]
2-Apr-2018 [17]
March-2018
31-Mar-2018 [9]
30-Mar-2018 [15]
29-Mar-2018 [13]
28-Mar-2018 [16]
27-Mar-2018 [14]
26-Mar-2018 [13]
24-Mar-2018 [7]
23-Mar-2018 [12]
22-Mar-2018 [13]
21-Mar-2018 [14]
20-Mar-2018 [11]
19-Mar-2018 [15]
16-Mar-2018 [12]
15-Mar-2018 [15]
14-Mar-2018 [2]
13-Mar-2018 [14]
12-Mar-2018 [11]
10-Mar-2018 [8]
9-Mar-2018 [15]
8-Mar-2018 [10]
7-Mar-2018 [14]
6-Mar-2018 [12]
5-Mar-2018 [15]
3-Mar-2018 [16]
1-Mar-2018 [17]
February-2018
28-Feb-2018 [16]
27-Feb-2018 [16]
24-Feb-2018 [8]
23-Feb-2018 [15]
22-Feb-2018 [13]
21-Feb-2018 [19]
19-Feb-2018 [12]
16-Feb-2018 [13]
15-Feb-2018 [18]
14-Feb-2018 [15]
13-Feb-2018 [18]
12-Feb-2018 [12]
10-Feb-2018 [8]
9-Feb-2018 [16]
8-Feb-2018 [15]
7-Feb-2018 [15]
6-Feb-2018 [15]
5-Feb-2018 [16]
3-Feb-2018 [9]
2-Feb-2018 [18]
1-Feb-2018 [14]
January-2018
31-Jan-2018 [15]
30-Jan-2018 [15]
29-Jan-2018 [17]
27-Jan-2018 [14]
25-Jan-2018 [20]
24-Jan-2018 [15]
23-Jan-2018 [18]
22-Jan-2018 [19]
19-Jan-2018 [18]
18-Jan-2018 [18]
17-Jan-2018 [14]
16-Jan-2018 [2]
15-Jan-2018 [12]
13-Jan-2018 [15]
12-Jan-2018 [17]
11-Jan-2018 [15]
10-Jan-2018 [17]
9-Jan-2018 [13]
8-Jan-2018 [15]
6-Jan-2018 [8]
5-Jan-2018 [14]
4-Jan-2018 [17]
3-Jan-2018 [13]
2-Jan-2018 [16]
December-2017
30-Dec-2017 [8]
29-Dec-2017 [16]
28-Dec-2017 [13]
27-Dec-2017 [15]
23-Dec-2017 [12]
22-Dec-2017 [12]
21-Dec-2017 [17]
20-Dec-2017 [17]
19-Dec-2017 [15]
18-Dec-2017 [17]
16-Dec-2017 [12]
15-Dec-2017 [14]
14-Dec-2017 [17]
13-Dec-2017 [18]
12-Dec-2017 [12]
11-Dec-2017 [15]
9-Dec-2017 [11]
8-Dec-2017 [15]
7-Dec-2017 [16]
6-Dec-2017 [16]
5-Dec-2017 [15]
4-Dec-2017 [16]
2-Dec-2017 [10]
1-Dec-2017 [15]
November-2017
30-Nov-2017 [15]
29-Nov-2017 [16]
28-Nov-2017 [18]
27-Nov-2017 [14]
25-Nov-2017 [6]
24-Nov-2017 [14]
23-Nov-2017 [15]
22-Nov-2017 [14]
21-Nov-2017 [15]
20-Nov-2017 [12]
18-Nov-2017 [9]
17-Nov-2017 [18]
16-Nov-2017 [19]
15-Nov-2017 [19]
14-Nov-2017 [16]
13-Nov-2017 [17]
11-Nov-2017 [11]
10-Nov-2017 [20]
9-Nov-2017 [7]
8-Nov-2017 [16]
7-Nov-2017 [16]
6-Nov-2017 [19]
4-Nov-2017 [19]
3-Nov-2017 [18]
1-Nov-2017 [13]
October-2017
31-Oct-2017 [15]
30-Oct-2017 [12]
28-Oct-2017 [14]
27-Oct-2017 [9]
26-Oct-2017 [10]
25-Oct-2017 [9]
24-Oct-2017 [9]
23-Oct-2017 [5]
18-Oct-2017 [3]
16-Oct-2017 [5]
13-Oct-2017 [1]
12-Oct-2017 [2]
11-Oct-2017 [1]
10-Oct-2017 [1]
9-Oct-2017 [2]
September-2017
22-Sep-2017 [1]
August-2017
11-Aug-2017 [1]
July-2017
27-Jul-2017 [1]
12-Jul-2017 [1]
10-Jul-2017 [1]
7-Jul-2017 [1]
3-Jul-2017 [1]
June-2017
30-Jun-2017 [1]
29-Jun-2017 [1]
23-Jun-2017 [1]
22-Jun-2017 [1]
21-Jun-2017 [1]
13-Jun-2017 [1]
May-2017
31-May-2017 [1]
29-May-2017 [1]
26-May-2017 [1]
25-May-2017 [1]
23-May-2017 [1]
22-May-2017 [2]
18-May-2017 [1]
16-May-2017 [1]
15-May-2017 [1]
12-May-2017 [1]
8-May-2017 [1]
4-May-2017 [1]
3-May-2017 [1]
2-May-2017 [1]
April-2017
28-Apr-2017 [1]
26-Apr-2017 [1]
25-Apr-2017 [1]
20-Apr-2017 [1]
18-Apr-2017 [1]
10-Apr-2017 [1]
7-Apr-2017 [1]
5-Apr-2017 [1]
3-Apr-2017 [1]
March-2017
31-Mar-2017 [1]
29-Mar-2017 [1]
27-Mar-2017 [1]
21-Mar-2017 [1]
17-Mar-2017 [1]
15-Mar-2017 [1]
8-Mar-2017 [1]
7-Mar-2017 [1]
6-Mar-2017 [1]
3-Mar-2017 [1]
2-Mar-2017 [1]
1-Mar-2017 [1]
February-2017
28-Feb-2017 [1]
27-Feb-2017 [1]
24-Feb-2017 [1]
23-Feb-2017 [1]
22-Feb-2017 [2]
20-Feb-2017 [1]
17-Feb-2017 [1]
16-Feb-2017 [1]
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13-Feb-2017 [1]
10-Feb-2017 [1]
9-Feb-2017 [1]
7-Feb-2017 [1]
6-Feb-2017 [1]
2-Feb-2017 [1]
1-Feb-2017 [2]
January-2017
30-Jan-2017 [1]
27-Jan-2017 [1]
25-Jan-2017 [2]
24-Jan-2017 [1]
23-Jan-2017 [1]
18-Jan-2017 [1]
16-Jan-2017 [1]
13-Jan-2017 [1]
12-Jan-2017 [1]
11-Jan-2017 [1]
10-Jan-2017 [1]
9-Jan-2017 [2]
6-Jan-2017 [2]
4-Jan-2017 [1]
3-Jan-2017 [1]
December-2016
30-Dec-2016 [1]
28-Dec-2016 [1]
27-Dec-2016 [1]
26-Dec-2016 [1]
22-Dec-2016 [1]
21-Dec-2016 [1]
20-Dec-2016 [1]
19-Dec-2016 [1]
15-Dec-2016 [1]
14-Dec-2016 [1]
13-Dec-2016 [1]
12-Dec-2016 [2]
9-Dec-2016 [1]
8-Dec-2016 [1]
7-Dec-2016 [1]
5-Dec-2016 [1]
2-Dec-2016 [1]
November-2016
30-Nov-2016 [1]
29-Nov-2016 [1]
28-Nov-2016 [1]
25-Nov-2016 [2]
24-Nov-2016 [2]
23-Nov-2016 [1]
22-Nov-2016 [1]
21-Nov-2016 [2]
18-Nov-2016 [1]
17-Nov-2016 [1]
16-Nov-2016 [1]
15-Nov-2016 [1]
14-Nov-2016 [1]
11-Nov-2016 [1]
10-Nov-2016 [1]
9-Nov-2016 [1]
8-Nov-2016 [1]
7-Nov-2016 [2]
3-Nov-2016 [1]
2-Nov-2016 [1]
October-2016
28-Oct-2016 [1]
27-Oct-2016 [1]
26-Oct-2016 [1]
25-Oct-2016 [1]
24-Oct-2016 [1]
20-Oct-2016 [1]
19-Oct-2016 [1]
17-Oct-2016 [1]
14-Oct-2016 [1]
13-Oct-2016 [1]
12-Oct-2016 [1]
10-Oct-2016 [1]
7-Oct-2016 [1]
6-Oct-2016 [1]
5-Oct-2016 [1]
4-Oct-2016 [2]
3-Oct-2016 [2]
September-2016
30-Sep-2016 [1]
29-Sep-2016 [1]
28-Sep-2016 [1]
27-Sep-2016 [1]
26-Sep-2016 [1]
23-Sep-2016 [1]
22-Sep-2016 [1]
21-Sep-2016 [1]
20-Sep-2016 [1]
16-Sep-2016 [1]
14-Sep-2016 [1]
9-Sep-2016 [2]
8-Sep-2016 [2]
7-Sep-2016 [2]
6-Sep-2016 [1]
2-Sep-2016 [1]
1-Sep-2016 [1]
August-2016
31-Aug-2016 [1]
30-Aug-2016 [1]
29-Aug-2016 [1]
26-Aug-2016 [2]
24-Aug-2016 [1]
23-Aug-2016 [1]
22-Aug-2016 [1]
19-Aug-2016 [2]
17-Aug-2016 [1]
16-Aug-2016 [2]
12-Aug-2016 [2]
11-Aug-2016 [3]
10-Aug-2016 [2]
9-Aug-2016 [1]
8-Aug-2016 [1]
2-Aug-2016 [2]
1-Aug-2016 [1]
July-2016
29-Jul-2016 [1]
28-Jul-2016 [1]
27-Jul-2016 [1]
26-Jul-2016 [1]
25-Jul-2016 [2]
22-Jul-2016 [2]
21-Jul-2016 [2]
20-Jul-2016 [3]
19-Jul-2016 [1]
18-Jul-2016 [1]
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.: 12-Aug-2016 :.
The Dow at 20,000 in a year is now the consensus forecast


Get your "Dow 20K" hat ready now?
The Dow Jones Industrial Average will trade above 20,000 in a year, according to a bottom-up analysis of the blue-chip gauge's stocks.

Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, has been tracking the company-level predictions submitted by Wall Street analysts for the Dow's 30 components.
Lumping together their average price targets for these companies and then weighting them appropriately, he says the "consensus 1-year target price" for the Dow industrials DJIA, +0.67% just reached 20,003.93 late Tuesday.

"This is the second sighting of 20,000," Silverblatt wrote in a note earlier in the week.
The Dow's consensus one-year price target previously reached that big round number back on July 28, 2015. That target didn't pan out, Silverblatt notes, as the Dow actually closed at 18,456.35 on July 28 of this year.

One problem with such bottom-up forecasts is they rely on a group that doesn't have a stellar reputation. Wall Street analysts often have been criticized for providing overly rosy projections and being reluctant to slap “sell” ratings on the stocks that they cover.

A one-year target of 20,003.93 implies a gain of 7.9% from Tuesday's close at 18,533.05. That finish on Tuesday left the Dow DIA, +0.68% just 0.3% below its July 20 record close at 18,595.03. Although stocks were zooming higher on Thursday, with the main indexes hitting or approaching fresh records.

The bottom-up target for the S&P 500 SPX, +0.49% is 2,380.68, according to Silverblatt, who has been called a "high priest of stats." That implies a gain of 9.1% from the broad benchmark's closing level on Tuesday.

Silverblatt previously has explained how stock-benchmark targets can come in two different flavors. One type is a bottom-up forecast based on combining projections from analysts covering the gauge's individual companies. The other is a top-down estimate usually supplied by a strategist or economist who hasn't dropped down to the company level.
Source: MarketWatch

Posted On:12-Aug-2016

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Credits:
www.hellenicshippingnews.com

Korea Shipyards' Backlog At 13-Year Low


Korea's top three shipbuilders have reported that order backlogs in July fell to their lowest level in 13 years, according to research firm Clarkson Research Services.

Data from Clarkson suggests combined order backlog for Hyundai Heavy Industries and two other Korean firms stood at 23.87 million compensated gross tons, the lowest value since November 2003.

A steady fall in freight rates and tougher competition between operators has led many firms to delay or cancel orders and to seek means to extend existing fleet lifetimes. As a result Korea’s three largest shipyards reported a combined net loss of US$6.95 billion last year.

Until recently Korea was one of the largest shipbuilding nations and its shipyards produced many of the multipurpose vessels and breakbulk carriers in use. However recent advances by Chinese shipbuilders have seen market share eroded.
Source: HHI

Posted On:12-Aug-2016

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Credits:
www.hellenicshippingnews.com