Large container ship will become a trend

Demand for giant container ships that exceed 324 meters (1063 feet) above the height of the Eiffel Tower has again increased. Recently, Cui Yongxi, Vice President of Marketing at Seoul Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea, has received regular customer calls and e-mails asking if he can build more than twice the capacity of today’s most common container ship capable of transporting 20,000 TEUs. Container Ship.

Mr. Cui said: “We are totally unprepared because we think shipping companies are interested in smaller capacity container ships. As some shipping companies have ordered many large container ships in the past few years, they have caused containers in the global financial crisis. The ship's capacity is in surplus.” To meet the shipping companies' need to reduce fuel costs and emissions, Daewoo Shipbuilding is evaluating how to build a container ship capable of transporting up to 20,000 TEUs, or 20 million flat-panel TVs.

Preparing for the expansion of the Panama Canal and the recovery of global trade Since 2010, some shipping companies are preparing for the recovery of the Panama Canal after the completion of the US$5.25 billion expansion and the recovery of global trade. As of the end of October 2010, the value of container ships contracted by global shipping companies reached US$6.3 billion, with a total capacity of 516,600 TEUs. According to Clackson, the number of orders has jumped sixfold from a year ago. In addition, most of the container ships contracted by the shipping company are large or giant container ships, of which the container ship with a single shipping capacity of more than 8,000 TEUs has reached a record-breaking 80%, exceeding the 2007 time when the Panama Canal began to expand. 66% of the peak.

Due to the receipt of orders from the shipyard and completion of the construction, a new container ship will take more than three years to complete. Therefore, the shipping company is raiding the large-scale container ships required after the expansion and completion of the Panama Canal in 2014. At present, the 50-nautical-mile long Panama Canal connecting the Pacific Ocean and the Caribbean can only pass container ships below 5,000 TEUs.

Once the Panamanian new ship lock is built and the Panama Canal is deep, it is possible to pass about 12,600 TEU container ships. According to Rodolfo Sabonge, Marketing Manager of the Panama Canal Authority, the annual capacity of the Panama Canal will increase by approximately 5%.

The recovery of international trade is the main driver of demand for large-scale container ships. According to the International Monetary Fund, global trade volume in 2010 increased by 11.4% over 2009, and it will increase by 7% in 2011. According to Lee Jae Won, an analyst at Toyo Securities in Seoul, the UN affiliate, the International Maritime Organization, has established strict rules for controlling ship pollution and ensuring safety, increasing efficiency, and reducing emissions. It also stimulates newer and more capable container ships. demand.

According to Um Kyong A, an analyst at Shinyoung Securities Co., Ltd. in Seoul, the number of container vessels with a single vessel capacity of more than 10,000 TEUs that have been put into operation in the world has reached 61, and there are 144 container vessels that have been ordered. It was put into operation before 2014. Of the 144 container ships, except that 12 ships are not built by the Korean shipyard, the rest will be built by the Korean shipyard.

The shipping company has set up a giant containership to heat up. Since July 2010, Taiwan’s Evergreen Group has ordered 20 large-scale container ships with a total value of approximately US$2 billion to the world’s third-largest shipbuilding company, Samsung Heavy Industries.

As part of a US$1.2 billion contract, the second largest container shipping company in Asia behind Evergreen Group and Singapore’s largest container shipping company, Haihuang Steamship Company, were contracted to Daewoo Shipbuilding & Marine Engineering Co., Ltd. early last year. Two single container ships with a capacity of 10,700 TEU.

Hong Kong's largest container shipping company, Orient Overseas (International) Co., Ltd., also ordered 13,000 TEU container ships.

U.S. ports are preparing to accompany giant container ships. Maersk has already prepared larger container ship handling equipment in New York and Houston to meet the huge container ships that pass through the Panama Canal.

According to Lee Jae Won, an analyst with Seoul Oriental Securities, the value of container ships received in the world in 2010 may increase to 8 billion U.S. dollars. In 2011, the value of container ships received by the world will double to 19 billion U.S. dollars. In 2009 it was US$1.2 billion. Clackson said that from 2012, the demand for container ships with a capacity of more than 8,000 TEUs will increase by 25%, which will increase the demand for small container ships by 7 times. Energy conservation and emission reduction will boost the demand for giant container ships Global household appliances manufacturing Enterprises like to use large container ships to transport consumer electronics because of the large volume of large container ships and the lower transportation costs. A 20-foot container can transport approximately 1,000 42-inch LCD TVs. Daewoo Shipbuilding Marine Engineering Co., Ltd. is currently building the world's largest four container ships, have been put into the Mediterranean Shipping Company, each container ship can transport 14,000 containers. As part of the same contract, Daewoo will also build five similar ships.

The LG Electronics Logistics Reform Minister Choi Young Seon pointed out: “LG Electronics is currently studying the advantages of adopting a more capable container ship. So far, the research data shows that there is hope. Although shipping is already the most energy-saving mode of transportation , but we will continue to study container ships that can increase fuel consumption and save costs and increase functionality and efficiency."

Lee Sokje, an analyst at Seoul Future Asset Securities, pointed out that “Korea shipbuilding companies are likely to become the biggest beneficiaries of the frantic demand for large-scale container ships because South Korean shipbuilding companies have built more than 90% of single-ship vessels with a capacity of more than 10,000 TEUs. Specialized technology: The development of large-scale container ships is a trend, and it is a battle to see who's container ships can transport more containers at a lower cost, and South Korean shipbuilding companies have advantages in this battle.”

It is estimated that the global shipbuilding completion volume in 2010 will exceed 150 million DWT. There will be 144 million DWT new ships delivered each year from 2011 to 2012. A large number of new ships entering the market will bring huge impact to the shipping industry in the future. To absorb these new ships, the annual growth of seaborne trade needs to reach 7%, but the average annual growth of seaborne trade in 2001-2009 was only 2.9%.

Despite the signs of recovery in global shipping, the current demand growth in the shipbuilding market is mainly due to the temporary recovery of long-term stagnation. The volume of orders remains low, and the situation facing most of the world’s shipbuilding companies is still difficult. Future global shipbuilding companies’ orders will be more competitive. fierce.

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