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This year, half of the sea market will be delayed delivery
Source: | Author:woodwell | Published time: 2016-08-15 | 2137 Views | Share:
Global marine market supply surplus problem is becoming more and more serious, 2016 past the third, however, to deliver this year's offshore support vessel (OSV) only 20%, which means orders on hand and more than 400 ships about 80% of the OSV awaiting delivery, and according to the current market situation, to the end of the year 50% of the delay in the delivery of basic is a certainty.


Global marine market supply surplus problem is becoming more and more serious, 2016 past the third, however, to deliver this year's offshore support vessel (OSV) only 20%, which means orders on hand and more than 400 ships about 80% of the OSV awaiting delivery, and according to the current market situation, to the end of the year 50% of the delay in the delivery of basic is a certainty.

Planned for this year delivered about 500 boats OSV. So far this year, marine ship owner has received 93 ship new OSV, according to market value to calculate the total price of about $1.3 billion; however, there are 407 ship OSV plans within this year delivery, amounting to about $55 billion, according to VesselsValue of the data. In addition, in 2017 there are 107 OSV will be delivered, the total price of about $1 billion 900 million.

Clarkson data also confirmed the this situation, data show that by the end of 2015 OSV handheld orders 448 vessels, which 2016 is expected to deliver 331 ship, until now, the actual delivery of 89 ships, the actual delivery is expected to account for the delivery of 26.9%.

Data VesselsValue showed in this year have yet to be delivered 407 ship OSV, 11 ships to anchor handling tug (AHT), the total price of $206 million, 177 aircraft for three ship (AHTS), the total price of $1.8 billion, 219 vessels for platform supply vessel (PSV), a total of about $3.5 billion.

According to VesselsValue, the OSV price was calculated by market value, rather than two or three years before the initial shipyard price. However, a rough estimate in the past two years, OSV new shipbuilding prices have declined by 15%.

French marine ship owner Offshore Bourbon before the release of the latest performance reports, the sea market has bottomed out.

Bourbon, subsea market has bottomed out in the first quarter of 2016 is expected in the second quarter of rent will continue to improve; ship transportation field in the second quarter hit bottom, due to cost improvement and existing fields of activity increased, the future will improve; deep water and shallow water market will be bottomed out in the third quarter.


Is specialized (focus) on Manufacturing & Developing the Technology of Welding & Cutting industrials.

Along with the China/ Asia shipbuilding industrial developing, Wood Well Limited start to touch the shipbuilding associated biz and products, looks like: BWMS, Cutting Tools, Welding Machine, Pipe, Power Cable,CBM…..

And the industrial field enlarge to: Mold Maker, automotive, Pressure Vessel, Chemical Energy….

In order to strength our ability, we invest and cooperate with some good potential China manufactory on “welding & cutting” from 2007 Year.

 

From 2010 Year, we cooperate with LG, Samsung to agent and sales on China market.

The beginning products is from the Recycle Chemical Resin: HDPE, LDPE, and LLDPE.

Now we have developing the more cooperate field with LG, Taita , Samsung….

 

On 2013 Year, we open the China Independent Corporation in China Shanghai:

Shanghai D&Z International Trading Co., Ltd.

And have the China Representative Office at Dalian, Zhuhai,

And the same year we set the Indonesia Representative Office in Surabaya.

It is enlarge out biz scope from Asia to East-Asia.

 

On 2014 Year, we register the “GSC” Brand for production the welding & cutting materials.

It is widely apply on the industrial fields.

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And we set the Japan Representative Office in Tokyo on 2014 Year.

It is help us upgrade our quality and service standard, and have the chance to cooperate with Japan famous company: Kyocera, Toshiba, Asahi….

 

On 2015 Year, we set the Brazil Representative Office in San Paulo.

The 2016 Rio de Janeiro Olympic Games will be hold son, we hope our products and service could win this market.

 

During the last 14 years developing, and all the Wood Well Staff hard working, now we have the 3 main division with 7 Section.

 

 

 

 

DIVISION

SECTION

BIZ MODE

Manufactory Industrial

Shipbuilding

Invest & Cooperation
Develop the Association Manufactory

Welding & Cutting

Machinery

Medical Device

　

　

　

Chemical Industrial

Chemical Resin

Cooperate & Agent

Recycle Resin

　

　

　

Energy Industrial

Photovoltaic

Cooperate & Agent

 

 

In order to continue to be an essential company for our customers and society as a whole, we value CSR activities and work to employ sound business practices. We want to contribute as much as we can to achieving a bright, prosperous future for all those that support us.

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