Page 6: of Maritime Reporter Magazine (August 2017)

MARITIME

REPORTER

AND

ENGINEERING NEWS

Shipbuilding:

M A R I N E L I N K . C O M

EDITORIAL

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Publishers

Unexpected

John E. O’Malley

John C. O’Malley [email protected]

Associate Publisher/Editorial Director

Greg Trauthwein [email protected] sion – has taken a hit. As energy

Having covered the global shipbuilding market for more than a quarter of century, I’ve seen my

Vice President, Sales production changes, so too do trading fair share of market ? uctuations, and now know that expecting the unexpected is the

Rob Howard [email protected] patterns and the ships that serve them. norm, not the exception. As we collectively slog through 2017, it is a good time to as-

Web Editor

Eric Haun [email protected]

Emerging trends of a more robust sess what we know, but perhaps even more importantly what we don’t know.

Web Contributor regional and national trade will drive

If you look at the top ? ve shipbuilding nations over the past ? ve years by gross ton-

Michelle Howard [email protected] the coming generation’s maritime nage as reported by VesselsValue.com, there really is no big surprise as China, South

Editorial cycle.

Korea and Japan rank one through three, and have done so in various combination for

Tom Mulligan - UK

Claudio Paschoa - Brazil more than a few years. If you look at the cumulative global order book to date, there are

William Stoichevski - Scandinavia

While the collective market may currently 2,826 vessels on order, representing a cumulative 105,960,703 gt and a value be tight, there are always pockets of of $131.1 billion (for full details, turn to Shipbuilding Statistics on page 46). Looking

Production

Irina Vasilets [email protected] opportunity and a means to exploit at the top ship types on order, predictably bulkers, tankers and containerships dominate

Nicole Ventimiglia [email protected] them. A few weeks ago I was on the in terms of tonnage, but if you measure by number of vessels on order, OSVs sneak

Corporate Staff

Mark O’Malley, Marketing Manager waters in and around New York City into the top three with 435 units on order, bumping out containerships (401). Gross

Esther Rothenberger, Accounting test driving some boats, and there I tonnage output and current orderbook are measurable, tangible. Where we go from here

Information Technology

Vladimir Bibik was able to see the emerging ? eet of somewhat of a mystery. Here are some of the things we don’t know, moving forward,

Emin Yuce

CityWide Ferry by Hornblower zip- with thoughts on how they may impact you in the coming few years.

ping around the harbor, ferrying New

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Kathleen Hickey [email protected]

Yorkers to work and to the beach. The • Leveling the playing