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Hu Keyi, technical director and ship designer of Jiangnan Shipyard, China, has said that there exist an upturn in newbuilding demand, inelastic demand staying still regardless of price change and also some demand trying fleet expansion backed by Chinese asset.
He pointed out that in fact, new orders are not completely deficient at the moment however there are several situations shipyards are in, saying some shipyards are not capable of winning contracts or price for contract is presented too low that problems occur.
Hu Keyi said that when a shipowner plans to construct a containership series, asking for deliveries of the vessels to be around the same time, then Jiangnan Shipyard will have a difficulty while Korean shipyards will not be affected by this. The reason behind this is said to be Chinese shipyards’ lack of construction plans.
He also declared that if Chinese shipyards resolve this problem, a price increase of Chinese-built ships can be expected.
Moreover, Hu said that shipbuilding market in 2013 is seen to continue to go through relatively not positive situations, however, a demand rally and inelastic demands can be anticipated to come and ship price increase would also occur if production cost rises.
He added that ship price and technical demand for vessel type are not certainly interconnected and recently, it is rather market demand that affects greatly on pricing decision.
Lastly, as for the shipbuilding market, he said he cannot say for sure, but newbuilding contracts are seen to have restrictions since a low ship price does not guarantee shipyards’ profit-making.
Published : March 13, 2013
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发表于 2013-3-13 12:52
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