开头摘录
SHIPPING MARKET REVIEW 2ND HALF 2007
APRIL 2008
TABLE OF CONTENT / SHIP BUILDING / CRUDE TANKERS / CONTAINERS
Ship Building
Record-high newbuilding prices prevail in all major
segments. Nevertheless, the average daily earning
requirement continues to increase. Even though, contracting
activity broke all records in 2007. We question the
sustainability, of this situation as we regard the current
orderbook to be excessive. Acco rdingly, we expect overall
contracting activity to be low in 2008 and 2009. In terms of
ship prices, we expect a gradual decline throughout 2008
and 2009, probably moderated by order cancellations.
Figure SB.1
Dry Bulk newbuilding prices has made a turn for the
first time in 23 months...
60
90
120
150
180
210
240
270
2000 2001 2002 2003 2004 2005 2006 2007 2008
Index, Jan. 2000 = 100
60
90
120
150
180
210
240
270
DryBulkAvgIndex ContainerAvgIndex TankerAvgIndex
Sources: Clarksons, Danish Ship Finance
Figure SB.2
CONTRACTING PRICES
Record-high newbuilding prices prevail in all major segments
Newbuilding prices continue to increase. Dry bulk prices increased
30% during 2007 compared to 2006. Tanker and Container