It is prospected that future order for container carrier and oil products carrier is bright, in regard to shipbuilding industry.
Choi Kwang-sik, researcher at Seoul-based LIG Investment & Securities, reported that considering ship kind/type order momentum with delivery-planned quantity, which is added with qualitative judgment, as few orders can be attributed to sluggish market, ship of each kind/type with less delivery-planned quantity from 2013 to 2014 would be the one with good investment prospects.
He added that among other vessels, cruiseship and tanker have less delivery-planned quantity in 2013, compared to 2012, and STX Offshore & Shipbuilding (STX Europe cruise division) would be beneficiary of cruise ship, which has rather rapid order momentum.
Also, he noted that order momentum of tanker is poor, due to low freight charges/charter rates, in a short period, however, tanker will have actual order demand in time.
Then, he analyzed that products carrier, in particular, is hopeful during the second half of the year, as delivery-planned quantity of 2013 is no more than one third of that of 2012 and speculative order has restarted recently.
Mr. Choi expected Hanjin Heavy Industries & Construction which has competitiveness in constructing middle-sized container carrier and is hungry for order will receive the most benefit, as middle-sized container carrier is lack of delivery from 2013 to 2014.