Clarkson new ship price composite index was 139,138 and 136 points in December 2011, January 2012 and February respectively, but fortunately, deceleration is not too fast.  In this February, the prices of Capesize, Panamax and Handymax bulk carriers were US$ 47,000,000, US$ 27,500,000 and US$ 25,500,000 respectively, all of which were lower than the previous month. In the same month, the prices of VLCC, Suez, Aframax, and new Panamax tanker were US$97,500,000, US$ 59,000,000, US$ 51,500,000 and US$ 42,500,000, declined slightly when compared to the three ships mentioned before. The quote of the container ships also dropped. It is noteworthy that the prices of new ships have almost reached the bottom.

New ships this week are mainly bulk carriers, including: the first launch of concrete mixing vessel for bridge construction in Wuhan, the start of the construction of the first ocean-going research vessel jointly built by a state-owned company and a private enterprise, the launching of dredger “JU WU BA” on March 7, the export of the largest tonnage bulk cargo carrier “JIA MEI” in Dalian, the construction of the largest GL-CCS registered container ship in China, the delivery of the first ship built by Jinhai Chuanye, the maiden voyage of “Vale-DONG JIA KOU” in Nantong, the delivery of the first high-efficient fuel new bulk carrier by Sinopacific Shipbuilding Group, Singapore shipyard’s winning of the order of a drilling vessel from Petrobras in Brizil,  the delivery of a double-hulled tanker by Jiangnan Shipyard, the delivery of the a platform supplier by Estaleiro Alianca in Brizil, the maid voyage of China’s first ship for free captive animals in Shaoguan, Guangdong, the delivery of a Z-propeller tugboat “CAO GANG 15” by Zhenjiang Shipyard, undocking of a 205,000-DWT bulk cargo carrier by Nantong COSCO KHI, the trial voyage of a  205,000-DWT bulk cargo carrier by Nantong COSCO KHI, the delivery of a 13100 TEU container carrier to Danaos Hyundai Samho Heavy Industries, the completion of the world largest training ship by China Shipping Industry (Jiangsu) within this year, the trial voyage of the 373,000-DWT H0004# by Huatai Heavy industry (Nantong), the launching of a 2,000-DWT fuel barge by Wuhan Sea-route Ship Factory, The delivery of S1011 and S1012 in 30,000-DWT DMY serie by Tsuji Heavy Industries, the delivery of a 12400 TEU container ship “MSC Flavia” to MSC by STX, the operation of solar-powered ferry in Australia, the launching of a large suction hopper dredger “CHANG JIANG KOU 2” by Daoda Heavy Industry, the delivery of the first exported ship in 2012 by Dalian Shipbuilding Industry, the trial voyage of a 57,000 bulk carrier N217 by COSCO Shipyard (Guangdong), the naming of the first PSPC ship in Shanghai South of Yangzi River Changxing Shipyard, the launching of the 57,000-DWT bulk carrier “HT 092” by Hantong Ship Heavy Industry, the launching of 54,000-DWT bulk carrier “JIN NING 18” by Dongfang Shipbuilding, the launching of the ro-ro passenger ship “LAI CHANG 02” by Shantou shipyard, the maiden voyage of “BAN QIAO QI DU 6” by Yangzhou Laifa shipyard, and the launching of the 57000DWT bulk carrier “GY805” by Guoyu Shipyard in Yangzhou.