Monthly new order remained at 1m-cgt level for four months in a row last month, went up by 8.8% to 1.38m cgt on September. Monthly average of over 3m cgt during the first half has plummeted getting into the second half, 1.82m-cgt newbuilding in July, 1.83m-cgt in August, 1.27m-cgt in September. 
South Korea's new order in October, in particular, recorded the monthly-lowest, with 6 ships of 260,000, totalling $1.1bn. This is one tenth of 2.22m-cgt in June.
It is obvious that new order is in depression by entering H2.
China, on the other hand, had two-consecutive increase in new order, booking 30 newbuildings of 670,000 cgt, $1.135bn.
Owing to low-price contracts, China succeeded in increasing new orders in October as well, following 17 ships of 400,000 cgt in August and 22 vessels of 410,000 cgt in September.
However, in terms of accumulated new order in the first ten months, Korea exceeds China with 304 vessels of 12.28m cgt, totalling $43.6bn, while China contracted 410 ships of 8.09m cgt, $14.8bn.
Meanwhile, global new order in the end of last month decreased by 13.9% to 125.9m cgt, on early 2011.