The Korean shipbuilding industry ranked first in world ship orders last month, surpassing China for three consecutive months.

According to Clarkson Research, a British shipbuilding and shipping analysis company, on July 13, Korea's shipbuilding industry has won 270,000 CGT (10 ships) out of 25 ships and 550,000 CGT (standard cargo ship equivalent tons) ordered worldwide in July. .

The Chinese shipbuilding industry came in second with 200,000 CGT (11) and Japan ranked third with 30,000 CGT (1).

By July this year, cumulative orders were ranked first with China at 4.47 million CGT (40%) and South Korea at 2.37 million CGT (32%).

Japan's 1.45 million CGT (12%) followed by Italy's 1.4 million CGT (10%).

Korea's cumulative market share reached 17 percentage points with China in April, but the gap narrowed to 8 percentage points over the last three months in a row.

As of end-July, global cumulative orders totaled 11.18mn CGT, down 43% from the same period last year.

As a result, global order backlogs declined 2.25mn CGT (3%) from the end of July, followed by China (-770,000 CGT), Japan (-700,000 CGT), and Korea (-560,000 CGT). That's it.

However, compared with the end of July last year, China and Japan decreased by 9% and 24%, respectively, but Korea increased by 2%.

The order backlog by country was in the order of China (28.79 million CGT), Korea (22.31 million CGT), and Japan (13.36 million CGT).

In addition, the price of high-priced ships such as LNG carriers did not rise, showing the same level as in June.

The July Clarkson Newbuilding Price Index hit 131 points the same month.

(Photo = Yonhap News)