The ship financing is still difficult

Now for many shipbuilding enterprises, ship financing is still difficult, API 5L X65 Steel Pipe financial institutions to shipping listed as credit regulation of key industries, shipbuilding ship price and deposit ratio fell sharply, the ship companies working capital increasingly tightens, therefore, in order to be able to maintain capital turnover and daily operation, even at a loss to do a lot of shipyard also willing to take new single, this causes a lot of cash flow is still plenty of shipping companies and investment option of bottom shipbuilding (speculation).

And part of the shipping companies to accelerate the shipbuilding, also is helpless. Vice President of China merchants group margin of profit Ming pointed out that in container shipping giant maersk to receive after the world's biggest container ship,7D Butt Welded Bend Pipe fittings because the cost of single ship fell rapidly and more competitive, forcing other liner companies can only followed by tightening order the ship, or can only be ejected from the market because of the cost is not competitive.

"From the perspective of the relevant data of supply capacity, container capacity grew by 6.6% in 2012,pipe fitting 45 degree LR elbows and 2013 new capacity of 1.6 million teu, more than 2008 new capacity of 1.57 million teu history records, the new capacity is equivalent to 10.3% of the world's capacity, at the beginning of" margin of profit Ming pointed out that despite the 100000 teu ship delivery delay to 2014, the global container transport capacity, there will be more than 7% of the net growth market excess capacity will be further intensified. And nearly 100 in the next three years 12000 teu ship giant - teu ship to be put into operation, accounting for 42% of the new orders,SCH40 large diameter LSAW steel pipe is now running 85% of capacity of the ship.
A number of industry insiders suggest, therefore, although the price of shipbuilding, now is the ideal time to bottom shipbuilding, but also to pay attention to the time of may make excess capacity continues to elongate, shipping companies want to bottom shipbuilding, best alignment with the market direction, choose suitable for their own and can improve the competitiveness of good form, on the basis of their own cash flow at the same time, the shipping market and there is no complete recovery after all.