New vessels: Who is building most?
South Korea is home to some of the biggest global wharfs to date. The carriers launched a high number of orders in 2021 and 2022, and the content analyst of Veson nautical, Rebecca Galanopoulos Jones, gave details on the current orderbook.
Container vessels are the most popular segment on order in South Korea, 263 vessels in total, followed by 249 LNG carriers, 135 tankers and 67 LPG carriers. Jones: "The LNG carriers are the most valuable sector on order, worth USD 34.2 billion. This sector has seen extraordinary increases in values over the last two years with values exceeding record highs at the end of Q3/2022 and continuing to rise since then."
NYK is ranked first within a list of the top five owners with vessels on order in South Korea, with an orderbook of 29 Large LNG vessels. In addition, NYK has a further 32 vessels on order in Japanese and Chinese yards.
After Global Meridian Holdings with 23 Large LNG vessels, Evergreen ranks third with 34 vessels on order that are all new panamax containers of 15,000 - 15,500 teu. MOL is in the fourth place, with an orderbook of 21 vessels consisting mainly of Large LNG vessels.
Eastern Pacific Shipping is ranking fifth with 18 vessels on order in South Korea, container ships and LPG carriers. Yet, CMG CGM have the highest number of vessels on order in South Korea, with a total of 38 containers newbuilds ranging from Sub Panamax vessels of 2,000 teu to new panamax containers of 13,000 teu. (cd)