Clarkson Research Services reports that retrofitting Eco technology will reduce available tanker fleet supply by 1.4% in 2019, containers by 1.0% and dry bulk carriers by 0.5%.
The research arm of shipbroker Clarkson Platou has introduced ship repair and refurbishment data into its publication World Fleet Register, and the data is also available to download on the Shipping Intelligence Network.
The additional data is justified by the changes in the global fleet, which is 25% larger by number compared to a decade ago and has a capacity 65% larger, while global shipbuilding output peaked in 2010-11 before the current requirement for Eco technologies – ballast water treatment systems, scrubbers, LNG as a marine fuel, to name a few.
The analysts at Clarkson Research Services use ship movements and calls at repair yards as an additional indicator of Special Survey and over the last three years it has recorded over 20,000 repair events at over 600 repair yards.
Eco technology is seen as driving a new investment cycle alongside the traditional newbuilding cycle of high initial capex followed by relatively low expenditures on regular maintenance and Special Surveys.
Of course, the Special Survey is also an opportunity to fit scrubbers and Clarkson Research Services reports that its scrubber count now stands at over 3,000 vessels of all types.
Clarkson Research Services' new data service indicates that CIC Changxing shipyard in China undertook the most Special Surveys in 2018.
An analysis of repair yard event events excluding Special Surveys reveals that 53% of events were Eco technology upgrades, 41% refurbishment and 6% other, according to Clarkson Research Services.
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