国泰海通:1月船舶价格结构分化 绿色动力技术应用持续落地
智通财经网·2026-02-05 07:07

Core Viewpoint - The global ship price index in January shows a mixed trend, with new ship prices declining while second-hand ship prices continue to strengthen. The shipbuilding industry in China is expected to maintain a high export scale and market share in the coming years, supported by advancements in green power technologies [1][2]. Group 1: Ship Price Trends - In January, the global new ship price index was 184.29 points, a year-on-year decrease of 2.69% and a month-on-month decrease of 0.19%. New ship prices for oil tankers and bulk carriers saw slight month-on-month increases of 0.44% and 0.63%, respectively, while container ship prices decreased by 0.38% and gas ship prices increased by 1.19% [1]. - The second-hand ship price index was 195.96 points, reflecting a year-on-year increase of 12.53% and a month-on-month increase of 2.56%. Prices for second-hand ships aged 5 and 10 years increased by 2.79% and 4.25% month-on-month, respectively [1]. Group 2: Shipbuilding Performance - In 2025, China's shipbuilding completion volume reached 53.69 million deadweight tons, a year-on-year increase of 11.4%. The new order volume was 107.82 million deadweight tons, a slight year-on-year decrease of 4.6%. The hand-held order volume reached 274.42 million deadweight tons, a year-on-year increase of 31.5% [2]. - China's shipbuilding completion volume, new order volume, and hand-held order volume accounted for 50.1%, 69.0%, and 66.8% of the global market share, respectively, maintaining a leading position [2]. Group 3: Technological Advancements and Orders - Multiple types of ships are being delivered and new orders are steadily progressing. The successful completion of the repair project for the Greek vessel "Antip" by China Shipbuilding Changxing demonstrates the company's capability in complex repair projects [3]. - The trial voyage of a 49,500-ton methanol dual-fuel chemical tanker by Guangzhou Shipyard International marks a significant advancement in the application of domestic methanol dual-fuel technology, enhancing competitiveness in the green ship sector [3]. - Wuhan Shipbuilding has signed contracts for 9 new feeder container ships, which will help consolidate its market share in the feeder container ship segment and support future order structure optimization and capacity utilization [3].

Guotai Haitong Securities-国泰海通:1月船舶价格结构分化 绿色动力技术应用持续落地 - Reportify