Page 24: of Maritime Reporter Magazine (June 1993)

ALL SHIPS IN THE WORLD ORDER BOOK (BEGINNING OF FIRST QUARTER, 1993)

Under Construction Not Commenced Total Percentage

Of World

Tonnage DWT jre Building No. GT No. GT No. GT

JENTINA 16 49,070 4 22,320 20 71,390 0.19 68,154

ITRALIA 14 11,380 — — 14 11,380 0.03 4,010 .GIUM 12 59,399 3 10,000 15 69,399 0.19 73,392 \ZIL 32 652,941 12 355,000 44 1,007,941 2.70 1,581,805 .GARIA 17 157,013 5 72,590 22 229,603 0.62 339,970

NADA 4 26,900 4 26,900 0.07 3,900

ILE 12 7,148 5 4,135 17 11,283 0.03 5,583

UNA, PEOPLE'S REPUBLIC OF* 51 724,754 76 1,290,171 127 2,014,925 5.40 3,351,900

UNA, REPUBLIC OF (TAIWAN) 8 389,000 13 802,800 21 1,191,800 3.19 2,072,700

IOATIA 21 572,757 9 341,000 30 913,757 2.45 1,348,870

JBA 2 240 2 240 0.00 — :ECHOSLOVAKIA 8 18,337 4 8,861 12 27,198 0.07 39,677 :NMARK 19 273,422 27 1,388,046 46 1,661,468 4.45 2,933,436 3YPT 11 24,500 6 21,080 17 45,580 0.12 59,750

JL 1 3,125 - - 1 3,125 0.01 450

NLAND 6 249,895 5 108,367 11 358,262 0.96 160,844 3ANCE 11 176,842 4 420,000 15 596,842 1.60 322,720

ERMANY 63 780,560 77 703,506 140 1,484,066 3.98 1,418,781

REECE 7 9,330 1 5,000 8 14,330 0.04 3,850 iU ATE MALA - - 1 130 1 130 0.00 —

IONG KONG 1 110 1 110 0.00 —

IUNGARY 3 4,050 2 2,700 5 6,750 0.02 13,600 :ELAND — — 1 120 1 120 0.00 -

MDIA 54 97,156 13 59,510 67 156,666 0.42 230,326

MDONESIA 25 87,269 6 32,800 31 120,069 0.32 137,650

RAN 6 2,463 39 9,617 45 12,080 0.03 3,320

SRAEL 1 267 2 534 3 801 0.00 -

TALY 62 804,683 14 489,220 76 1,293,903 3.47 1,543,921

JAPAN 253 6,901,665 228 6,347,536 481 13,249,201 35.49 20,138,065

KOREA (NORTH) - - 1 9,626 1 9,626 0.03 8,000

KOREA (SOUTH) 55 3,239,617 75 3,789,104 130 7,028,721 18.83 11,877,275

LEBANON 1 300 — — 1 300 0.00 -

MALAYSIA 9 28,338 — — 9 28,338 0.08 35,800

MALTA 6 25,980 3 7,800 9 33,780 0.09 42,040

MEXICO 13 20,848 13 1,712 26 22,560 0.06 25,270

MOROCCO 2 755 1 300 3 1,055 0.00 —

NETHERLANDS 42 134,505 16 74,749 58 209,254 0.56 146,364

NORWAY 22 115,553 14 120,440 36 235,993 0.63 292,984

PAKISTAN 2 8,350 1 8,200 3 16,550 0.04 18,800

PERU 43 19,811 - - 43 19,811 0.05 8,600

PHILIPPINES 1 546 _ 1 546 0.00 720

POLAND 82 643,874 52 618,823 134 1,262,697 3.38 1,549,826

PORTUGAL 30 95,066 5 11,540 35 106,606 0.29 173,047

ROMANIA 75 988,568 6 199,067 81 1,187,635 3.18 1,916,753

RUSSIA* 7 60,206 82 296,300 89 356,506 0.95 483,666

SINGAPORE 23 66,033 6 8,378 29 74,411 0.20 100,744

SOUTH AFRICA 1 8,939 — — 1 8,939 0.02 10,200

SPAIN 55 574,901 21 19,486 76 594,387 1.59 914,948

SRI LANKA 1 380 — — 1 380 0.00 -

SWEDEN 4 19,385 - - 4 19,385 0.05 7,134

TURKEY 26 163,716 15 43,148 41 206,864 0.55 317,053

UKRAINE* 4 17,628 11 245,001 15 262,629 0.70 384,515

UNITED KINGDOM 17 258,041 14 647,508 31 905,549 2.43 1,657,308

UNITED STATES OF AMERICA 52 38,053 66 18,472 118 56,525 0.15 69,337

VENEZUELA 4 800 - - 4 800 0.00 —

YEMEN 1 144 1 144 0.00 250

YUGOSLAVIA 14 55,416 13 48,600 27 104,016 0.28 134,304

WORLD TOTAL 1,312 18,670,029 972 18,663,297 2,284 37,333,326 100.00 56,031,612 * Information incomplete.

Source: Lloyd's Register.

June, 1993

LNG ships, at an estimated contract- price of $2.15 billion.

The more recent news of cruise ship orders also offers hope. Celeb- rity Lines ordered up to three (one firm, two option) 1,740-passenger ships recently from Meyer Werft;

Carnival ordered what will be the largest (95,000-gt) cruise ship from

Fincantieri; and NYK has ordered a 47,000-gt ship from Finland's

Kvaerner Masa-Yard. 1992 Completions

The 18.6 million gt's of all types of vessel completed in 1992 marks the fourth consecutive annual rise, ac- cording to Lloyd's Register. Tanker completions have risen in each of the past five years, and the 9.3 million gt recorded in 1992 is approximately a 300 percent increase over 1987 num- bers, according to LR's annual sur- vey. Also on the rise in 1992 were completions of general cargo/con- tainer vessels. At 3.87 million gt, this is the highest it has been in seven years according to LR. The following are some highlights of 1992 deliveries: — Cruise Ships: the 47,255-gt

Zenith, delivered by Meyer Werft; the Royal Majesty from Kvaerner

Masa-Yards; and the Statendam from Fincantieri. — Gas Carriers: the Northwest

Seaeagle, a 125,000 metric3 LNG carrier, from MHI Nagasaki; and a pair of 130,000 metric3 LNG carriers started by Chan tiers de l'Atlantique. — Other Ships: the Bunga

Pelangi, a 4,469-teu container car- rier from Hyundai; the Jervis Bay and Repulse Bay, 4,038-teu container ships, from IHI Kure; the 95,000- dwt Patriot from Samsung Heavy

Industries; the R.J. Pfeiffer, a 21,500- dwt container ship from National

Steel and Shipbuilding Company; the Futura, a 95,000-dwt double hull tanker from Kvaerner Masa; the 4,024-teu containership Hanjin

Osaka from Hanjin Heavy Indus- tries; and the 320,000-dwt ore car- rier Bergeland from Hyundai Heavy

Industries.

Breakdown By Country

According to the Lloyd's Register survey, the top five countries based on gross tons completed included

Japan; South Korea; Germany;

China, Republic of (Taiwan); and

Denmark, with Japan accounting for 40.7 percent of the world tonnage and South Korea accounting for 25.6 percent.

In Japan, completions totaled 7,581,728 gt, with tankers account- ing for more than 61 percent of that figure. The two largest of these tank- ers were sister ships, the 281,598- dwt New Valor and the 291,640-dwt

New Venture.

In South Korea, gross tonnage completed rose to a total of4,766,704 gt. More than half of the Korean completions were oil tankers, and 25