Page 8: of Maritime Reporter Magazine (May 1997)

MARINE FINANCE

Shipbuilding Demand To 2000

ASIS analyzes effect of world economies, aging fleet on shipbuilding demand

The Association for Structural Improvement of the Shipbuilding Industry (ASIS) of Japan has conducted research on world shipbuilding demand since 1991 in order to provide informa- tion on demand trends for the maritime indus- try.

The association has compiled a report on the latest world shipbuilding demand forecasts, based on research conducted in FY96. The results were presented at a Tokyo conference in

March.

Specifically, ASIS' report contains short and medium-term shipbuilding demand forecasts for tankers and bulk carriers up to the year 2000 based on analyses of seaborne trade, ship demand, scrapping tonnage and shipbuilding demand.

According to the statistics offered, economies in developed countries showed a gradual growth in 1996 due to uptrends in the U.S. and

Japan. Growth of the Asian economy has increased at a high rate.

In addition, economic growth in South

American countries has shown signs of recov- ery. These factors were taken into considera- tion when world shipbuilding demand was mea- sured.

The report further states that seaborne trade of oil has shown a steady increase due to a strong worldwide demand for oil. Thus, fleet requirement for tankers has increased accord- ingly by 2.9 percent.

Oil production in the North Sea and Central and South America will witness a further increase in 1997 compared with 1996, and as a consequence, the growth rate of seaborne trade of oil will decrease. The increased production of oil in Iraq will also reduce the growth of tanker demand after 1998.

Despite inactive seaborne trade of raw mate- rials for crude steel production, seaborne trade of bulk cargoes in the future will grow compar- atively steadily, supported by an increase in the trade of steam coal, grain and minor bulk car- goes.

The report forecasts that the requirement for bulk carriers will increase due to the steady rise in volume of seaborne trade of bulk cargoes in the future.

Contrastingly, however, the report says that there will be an increase in the demand for tankers due to the fact that most current ves- sels will be scrapped due to old age, and that there will be a decrease in the demand for bulk carrier newbuilding due to the influx of new ships built in this sector during 1996 and 1997.

The yearly average for shipbuilding demand of tankers and bulk carriers from 1998 to 2000 is 27.2 million dwt, which corresponds to 93 per- cent of total ship completion of tankers and bulk carriers in 1996.

All in all, the report concludes that the yearly average of shipbuilding tonnage from 1998 to 2000 will be 34.5 million dwt for both tankers and bulk carriers.

This shows that if the market continues at such a level, conditions will not improve great- ly-

For information on obtaining the report, (continued on page 10)

New Contracts

Orders are listed alphabetically, by vessel type. Publisher is not responsible for errors or omissions. For additional information on this, or other ship market information, contact: FERLISHIP, Paseo De San Francisco De Sales, 8,28003 Madrid, Spain, tel: +341 441 4138; fax: +341 441 4138.

Owner/Operator Shipyard Country Typo No DWT GT Deliv $(M)

DISTRICT OFFSHORE/

BROVIG OFFSHORE KVAERNER KLEVEN AS NORWAY AHTS 1 _ _ 5/98

WORLD-WIDE SHIPPING SASEBO JAPAN BULK CARRIER 1 72,000 _ 1998 28

CHINA NAT CEREALS OSHIMA SHIPBUILDING JAPAN BULK CARRIER 1 30,000 1999 _

SEA JUSTICE HYUNDAI KOREA BULK CARRIER 2 73,570 399 54.3

GOLDEN OCEAN GROUP HASHIHAMA JAPAN BULK CARRIER 2 45,000 _ 97/98 _

WAH KWONG SHIPPING ISHIKAWAJIMA HARIMA H.I. JAPAN BULK CARRIER 1 42,400 — 1998 23

NYK LINE SAIKI JAPAN BULK CARRIER 1 31,000 _ 1998 —

TOP LINK OSHIMA SHIPBUILDING JAPAN BULK CARRIER 1 30,000 _ _ _ — XINGANG SHIPYARD CHINA BULK CARRIER 1 14,200 1998

TOHO KAIUN SHIN KURUSHIMA JAPAN BULK CARRIER 1 23,000 — 1998 15.3

ORIENT SHPG ROTTERDAM ASTILLERO RIO SANTIAGO ARGENTINA BULK CARRIER 1 27,000 — 398 —

PACIFIC CARRIERS MITSUI JAPAN BULK CARRIER 2 77,000 _ _ 58 — OSHIMA SHIPBUILDING JAPAN BULK CARRIER 3 74,000 _ _ 78

MARNAVI SOC. ESERCIZIO ITALY CHEMICAL CARRIER 1 22,000 _ 1998 48

STORLI KVAERNER KLEVEN AS NORWAY CHEMICAL TANKER 2 37,250 _ 1999 142

SEATRANS ANS UNION NAVAL DE LEVANTE SPAIN CHEMICAL TANKER 2 17,000 — 1998 84

ROYAL NAVY AILSA-TROON U.K. COASTAL TRNG. CRAFT 2 — _ — 2.4 — THYSSEN NORDSEEWERKE GERMANY CONTAINER 2 — _ 1998

CANADA MARITIME SERVICES DAEWOO KOREA CONTAINER 1 35,000 — 1998 50

PAN OCEAN SHIPPING HANJIN KOREA CONTAINER 2 21,000 _ 97/98 „

MALAYSIAN INT.SHPG.

UFUK DENIZ G K SIRKETL

HANJIN KOREA CONTAINER 2 8,200 — 1998 42

GEUBOLU GEMI TURKEY CONTAINER "1 " 6,250 — 1998 —

P&O NEDLLOYD KVAERNER WARNOW WERFT GERMANY CONTAINER 2 __ 98/99 220

THIEN & HEYENGA MUTZELFELDTWERFT GERMANY CONTAINER 2 _ _ 1998

LAUTERJUNG.MANFRED VOLKSWERFT STRALSUND GERMANY CONTAINER 2 _ 1999 _

NORASIA JIANGNAN CHINA CONTAINER 5 — — 98/99 150

NORASIA HDW GERMANY CONTAINER 5 20,000 1998 150

NYK LINE ISHIKAWAJIMA HARIMA HJ. JARAN CRUDE CARRIER 1 260,000 — 10/98 _

RCCL KVAERNER MASA FINLAND CRUISE 2 130,000 99/2001 1,000

RENAISSANCE CRUISES CHANTIERS DE LATLANTIQUE FRANCE CRUISE 2 1999 350

PRINCESS CRUISES INC FINCANTIERI ITALY CRUISE 1 — X — —

OCEAN RIG (RASMUSSEN) DALIAN SHIPYARD CHINA DRILLING RIG 1 60,000 — 8/98 200

PEDER SMEDVIG HITACHI ZOSEN JAPAN DRILLING RIG 1 _ _ 2/99 250

CONOCO SAMSUNG KOREA DRILLSHIP 1 103,000 _ 3/99 200

REDERI AS GOTLAND CHANTIERS DE L'ATLANTIQUE FRANCE FERRIES 9 _ _ 1/99 37

HAVFISK BATBYGG NORWAY FISHING _ 1998 _ — BAZAN SPAIN FISHING 1 _ _ _

IAN & BILL GATT/

DENHOLM FISHING AILSA-TROON U.K. FISHING 1 — _ _ 5.9

JAPAN VIETNAM PETROLEUM MITSUBISHI H.I. JAPAN FPSO 1 _ _ _ 100

ESSO NORGE KVAERNER MASA-YARDS FINLAND FPSO 1 _ 288.6 — 2 MAI MANGAUA ROMANIA GENERAL CARGO — 98/99 —

EASTERN CAR LINER MITSUBISHI H.I. JAFWN HEAVY-LIFT CARGO 1 13,000 — 1998 —

HINODE KISEN MITSUBISHI H.I. JAPAN HEAVY-LIFT CARGO 1 9,400 _ 1998 „

THAILAND GOVT HARBOUR WENCHONG SHIPYARD CHINA HOPPER DREDGER 1 1.500 _ 1997 _

BRIESE SCHIFFAHRT GMBH. XINGANG SHIPYARD CHINA MULTI-PURPOSE 4 — _ 1998 _

GEMARFIN VARNA SHIPYARD BULGARIA MULTI-PURPOSE 2 9,370 _ 1998

HSK HEINRICH J. J. SIETAS GERMANY MULTI-PURPOSE 2 9,400 _ 1999 _

ISLAMIC REPUBLIC

OF IRAN SHIPPING LINES GUANGZHOU CHINA MULTI-PURPOSE CARGO 5 22,600 _ 99 _

STATOIL AESA (PUERTO REAL) SPAIN MULTI-PURPOSE DRILL 1 97,300 — 99 285

ROYAL BAHAMAS/

DEFENCE FORCE HALTER MARINE INC. U.S. OFFSHORE PATROL 2 — — 99 26

GOTLAND REDERI LEROUX ET LOTZ FRANCE PASSENGER / VEHICLE 1 — 5,000 1998 34.8

WASHINGTON STATE GLADDING- HEARN U.S. PASSENGER/FERRY 1 _ 98

SANKO KISEN BRATTVAAG SKIPSVERFT NORWAY PLATFORM SUPPLY 4,000 2,000 1998 34.6

HVIDE MARINE HALTER MARINE INC. U.S. PLATFORM SUPPLY 1 — _ _ 11

AP MOLLER GUANGZHOU CHINA PRODUCT TANKER 35,000 — _ 56

PERTAMINA DAEWOO KOREA PRODUCT TANKER 30,000 — 1999 84

PERTAMINA PAN-UNITED SHIPYARD SINGAPORE PRODUCTTANKER 1 17,500 3/99 23.5

PERTAMINA JIANG JIANG KOREA PRODUCT TANKER 17,500 — 1999 41.5

PERTAMINA HYUNDAI KOREA PRODUCT TANKER 1 17,500 3/99 21.5

PERTAMINA HALLA KOREA PRODUCT TANKER 35,000 _ 1999 52

LEMOS.N.S. DALIAN NEW KOREA PRODUCTTANKER 1 110,000 _ 1999 43

GANSHIP INTERNATIONAL ONOMICHI JAPAN PRODUCT TANKER 46,500 — 1998 61.5

AP MOLLER SINGAPORE PTE. TSUNEISHI JAPAN PURE CAR CARRIER 1 — 45,000 1998 _

SEATRANS ANS FOSEN MEK VERKSTEDER NORWAY RoRo 1 8,800 — 1999 40

COBELFRET KAWASAKI H.I. JAPAN RoRo 10,000 — 1999

NOVOMAR KAWASAKI H.I. JAPAN RoRo FERRY 9,500 — 6/99 70

HVIDE MARINE HALTER MARINE INC. U.S. SHIP DOCKING MODULE 1 _ — 1998 _

ROYAL NAVY VSEL U.K. SUBMARINE — _ 3,300

GOLDEN OCEAN GROUP HITACHI ZOSEN JAPAN TANKER 1 310,000 1999 _

GREAT EASTERN SHIPPING SAMSUNG KOREA TANKER 2 105,000 _ 98/99 80

STOLT PARCEL TANKERS AESA (JULIANA) SPAIN TANKER 2 22,460 _ 99/00 100

REEDEREI NORD KLAUS/

E. OLDENDORFF HALLA KOREA TANKER 2 104,600 — 98/99 90

SHOEI KAIUN IMABARI ZOSEN JAPAN TANKER 2 — 98/99 80

FRATELLI NERI CANTIERI NAVALE FERRARI ITALY TUG 2 _ 200 _ 10

RIMORCHIATORI PANFIDO CANTIERE NAV. TOMMASI. ITALY TUG 2 _ _ 1998 _

AP MOLLER HASHIHAMA JAPAN VEHICLE CARRIER 1 12,490 _ 1998 _

NYK LINE MITSUBISHI H.I. JAPAN VLCC 2 260,000 99/00 166 8 Maritime Reporter/Engineering News