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日本海事新聞ニュース Japan Maritime Daily Jan 21, 2021 (Thu)

Chinese shipyards to raise newbuilding prices

 There is growing belief that Chinese shipyards will move to a full-scale increase in new ship price ・・・ %E3%80%80There+is+growing+belief+that+%3Cb%3EChinese+shipyards%3C%2Fb%3E+will+move+to+a+full-scale+increase+in+new+ship+prices.+The+sharp+rise+in+the+yuan+against+the+dollar+has+reduced+dollar-denominated+income%2C+and+rising+steel+prices+have+increased+costs.+In+bulkers%2C+the+poorly+profitable+Chinese+yard+has+already+begun+to+round+up+the+price+offered+to+shipowners.+Several+shipowners+have+said%2C+%E2%80%9CIf+the+yuan+continues+to+rise%2C+it+is+inevitable+that+the+price+of+%3Cb%3EChinese+shipyards%3C%2Fb%3E+will+rise+further.%E2%80%9C+The+price+difference+with+the+Japanese+shipyard%2C+which+was+inferior+in+terms+of+ship+prices%2C+is+likely+to+shrink+in+the+future.+%3Cbr%3E%E3%80%80%E2%80%9CThis+year%2C+the+Chinese+shipyard+is+offering+a+new+ship+price+that+is+about+5%25+higher+than+last+year.%E2%80%9C%2C+said+several+Japanese+ship+owners+who+are+in+talks+to+build+new+bulkers.+The+main+reason+seems+to+be+the+sharp+rise+in+the+yuan.+%3Cbr%3E%E3%80%80The+yuan+rose+11%25+against+the+dollar+from+the+year-to-date+low+in+May+last+year+to+January+5%2C+the+highest+since+2018.+Currently%2C+the+dollar+has+been+in+the+high+range+of+6.47+yuan.+%3Cbr%3E%E3%80%80As+long+as+the+Chinese+shipyard+receives+orders+at+dollar-denominated+ship+prices%2C+%E2%80%9Ceven+if+the+construction+costs+do+not+change%2C+it+is+certain+that+profitability+will+deteriorate%2C%E2%80%9C+said+a+trading+company+official.+%3Cbr%3E%E3%80%80Due+to+the+soaring+steel+market+in+China%2C+the+construction+cost+is+also+rising.+The+price+of+shipbuilding+planks+procured+by+the+Chinese+yard+%E2%80%9Chas+risen+by+more+than+10%25+from+last+year%E2%80%99s+purchases+this+month%2C%E2%80%9C+said+a+shipbuilding+market+official.+As+iron+ore+prices+remain+high%2C+%E2%80%9Cthere+are+few+materials+for+which+steel+prices+will+fall+for+the+time+being%2C%E2%80%9C+said+a+shipbuilding+market+official.+%3Cbr%3E%E3%80%80A+domestic+shipyard+official+made+the+following+prediction.+If+the+yuan+and+steel+prices+remain+at+their+current+high+levels%2C+%3Cb%3EChinese+shipyards%3C%2Fb%3E+will+undoubtedly+move+to+raise+ship+prices+further+after+the+resumption+of+new-build+business+negotiations+after+the+Chinese+New+Year+in+mid-February.+%3Cbr%3E%E3%80%80Last+year%2C+due+to+a+sharp+decrease+in+new+business+negotiations+due+to+the+coronavirus+pandemic%2C+%3Cb%3EChinese+shipyards%3C%2Fb%3E%2C+which+offer+particularly+competitive+ship+prices%2C+received+orders+for+a+limited+number+of+bulkers.+Japanese+shipyards+were+at+a+disadvantage+in+terms+of+price%2C+and+in+some+cases+had+to+compete+by+lowering+ship+prices+in+order+to+secure+operations.+%3Cbr%3E%E3%80%80In+response+to+the+%3Cb%3EChinese+shipyards%3C%2Fb%3E+starting+to+raise+ship+prices%2C+%E2%80%9CIn+the+future%2C+the+price+increases+of+%3Cb%3EChinese+shipyards%3C%2Fb%3E+and+the+price+reductions+of+Japanese+shipyards+will+be+mixed%2C+and+it+seems+that+this+year%E2%80%99s+new+shipbuilding+market+will+be+formed+at+that+level.%E2%80%9C+%28Trading+company+official%29.%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%A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