Gradual recovery in the world economy against the backdrop of the global scrap market in 2010 which showed the characteristics of the ship-breaking 2011 the market prospects conduct of this arti ...Gradual recovery in the world economy against the backdrop of the global scrap market in 2010 which showed the characteristics of the ship-breaking 2011 the market prospects conduct of this article for your reference.
Global: dismantling scrap prices decline
According to the British Clarkson Inc. 2010 a total dismantling of the global Fei Gangchuan about 22.3 million dwt. Of these 11.9 million dwt tanker dismantling demolition of more than 10000 dwt and 500 million dwt bulk carriers. China India Bangladesh Pakistan dismantling the four ship-breaking power 2.3 million dwt respectively 770 million deadweight tons 400 million deadweight tons and 400 million dwt four shipbreaking countrys total 18 million lorry dismantling tons (data like of the end of November 2010). Decreased due to the number of Fei Gangchuan shipbreaking in November 2010 the international shipbreaking prices continue to raise the average scrap cost of oil tankers 459 ~ $ 469 / light ton up 0.77% to 0.91%; bulk carrier ship-breaking cost of the average $ 436 / light ton up 0.23%. According to statistics in 2010 the amount will not exceed the global dismantling 2009 1014 31.5 million dwt dismantling volume decreased significantly compared with 2009 the corporation does not appear Clarkson had on the global shipbreaking industry in 2010 showed a fold increase in the over-optimistic expectations.
I trust that first of all there the situation was the beginning of the international financial crisis broke out Fei Gangchuan price is relatively low in 2010 the international price of scrap vessels compared with the same times rising to India and Bangladesh The ship-breaking oil tankers and bulk carriers in the price comparison Indias ship-breaking price of oil tankers in the 11 months of 2010 compared with 2009 the rate of increase of 38% to 74% bulk carriers up to 35% to 83%; Bangladesh State of the ship-breaking oil tanker prices rose 18% rate to 58% 16% bulk carriers ~ 56%. London brokers reported that the vessel dry bulk carriers and oil tankers in the ship-breaking prices generally range from 400 to 450 tons per light dollars and in April 2010 October and November the Indian ship-breaking price of oil tankers actually $ 470 per tonne of light high while in 2010 the international steel market is showing the tendency of the first rose and then fell. Gradual recovery in the global economy driven first half of 2010 the international steel inquire and raw material prices are significantly increased while traders and end users have begun to replenish stocks promote the steel market volume and price go. After entering May with the economic stimulus policies in some countries to phase out and the debt crisis intensified in Europe the international steel inquire growth started to decline the market prices decline more and more narrow space ship-breaking deal profits the amount of the global dismantling showing signs of fatigue. Looking back in 2010 due to the single-hull tankers has entered the stage of accelerated exit especially the first 4 months the proportion of retirement accounts for dismantling the tanker about 50% of the total.
Secondly the international shipping market before the crisis continued prosperity and new shipbuilding number of blowout growth resulting in several years of Building demolition little more than the situation and vessel the total surplus leading to the dismantling of this should be scrapped or no time dismantling the ship the ship used excessive backlog. The reason shipping companies and ship-breaking scrap cash alternative to the reality of a ship-breaking industry highlighting the role of the main promoter of red against the market trend. After 2009 a blowout of the large disassembled in 2010 fell back behind the ship-breaking in the ascribed.
Since 2009 the domestic ship recycling industry continues to heat up the shipbuilding industry ship-breaking like the assisted enterprises have gradually increased can be said that the domestic ship-breaking industry in 2009 reached a peak of unprecedented prosperity except just in the past is no longer reproduce the 2010 2009 as the scenery. According to data released by the Chinese Ship Recycling Association as of the end of December 2010 the Chinese Ship Recycling Association dismantling all types of waste enterprises amounted to close to 300 ships 200 million tons of light representing more than 440 ships in 2009 3.23 million tons of light compared to a larger drop. The main cause of this situation the Chinese Ship Recycling Association stakeholders trust that the international prices of used boats continues to raise approaching the domestic market price of scrap even the inversion phenomenon greatly inhibits the amount of domestic ship recycling companies dismantling .
The hulk purchase more depending on available resources in the upper reaches of the ship waste and scrap steel market require for these two aspects of the downstream market. Domestic enterprises due to the time of delivery dismantling times the impact of price changes in the downstream market and the upper phase-out hulk by the high prices scrap prices are low and other downstream factors often produce economic benefits of lower scrap and even losses.
Outlook 2011: Global shipbreaking speed will slow down
Since early 2010 affected by the global economic recovery the global container fleet in 2011 a net increase of about 92 million TEU an increase of 6.4% in particular strong growth in the number of very large container ships of which more than 8000TEU capacity container ships increased by 23.2% . In 2011 the number of dry bulk carriers may be delivered to a new record high the overall capacity will increase 14% with capacity expected to exceed the total size of 600 million dwt. 2011 will be another peak year for the delivery of new vessels surplus capacity will be more serious. However the number of global oil tanker was dismantled in 2011 the growth rate will be slowed. The real recovery in the shipping market must rely on U.S. and European markets to stabilize pick up otherwise shipping market is likely to drop back into crisis that is surplus capacity may in turn will bring to market a trace of a thriving ship-breaking dawn especially in dry bulk carrier market.
Chinas shipbreaking industry in times of adversity is another popular promoter from the higher require for steel scrap. Steel consumption production has improved significantly as a key raw material iron ore prices have continued to rise leading to a surge in demand for steel scrap substitutes so that the final production is a ship-breaking industry so scrap the benefit. In recent years Chinas dependence on imported iron ore continued to improve the situation hard to change iron ore prices Xuzhang tendency has been formed. In this case the scrap as a renewable resource with low wear and tear high utilization and low pollution emissions power saving and environmental protection advantages between the main alternatives for the iron ore demand increased significantly.
Source: goopl.com’. 011-03-15
No comments:
Post a Comment