MARITIMEREPORTERANDENGINEERING NEWSShipbuilding: M A R I N E L I N K . C O MEDITORIALHQ118 E. 25th St., 2nd FloorNew York, NY 10010 USATel +1 212 477 6700Fax +1 212 254 6271www.marinelink.comExpect the FL Of? ce 215 NW 3rd StBoynton Beach, FL 33435-4009Tel +1 561 732 4368Fax +1 561 732 6984PublishersUnexpectedJohn E. O’Malley John C. O’Malleyjomalley@marinelink.comAssociate Publisher/Editorial DirectorGreg Trauthwein trauthwein@marinelink.comsion – has taken a hit. As energy Having covered the global shipbuilding market for more than a quarter of century, I’ve seen my Vice President, Salesproduction changes, so too do trading fair share of market ? uctuations, and now know that expecting the unexpected is the Rob Howard howard@marinelink.compatterns and the ships that serve them. norm, not the exception. As we collectively slog through 2017, it is a good time to as-Web EditorEric Haun haun@marinelink.comEmerging trends of a more robust sess what we know, but perhaps even more importantly what we don’t know.Web Contributorregional and national trade will drive If you look at the top ? ve shipbuilding nations over the past ? ve years by gross ton-Michelle Howard howard@marinelink.comthe coming generation’s maritime nage as reported by VesselsValue.com, there really is no big surprise as China, South Editorialcycle.Korea and Japan rank one through three, and have done so in various combination for Tom Mulligan - UKClaudio Paschoa - Brazilmore than a few years. If you look at the cumulative global order book to date, there are William Stoichevski - ScandinaviaWhile the collective market may currently 2,826 vessels on order, representing a cumulative 105,960,703 gt and a value be tight, there are always pockets of of $131.1 billion (for full details, turn to Shipbuilding Statistics on page 46). Looking ProductionIrina Vasilets vasilets@marinelink.comopportunity and a means to exploit at the top ship types on order, predictably bulkers, tankers and containerships dominate Nicole Ventimiglia nicole@marinelink.comthem. A few weeks ago I was on the in terms of tonnage, but if you measure by number of vessels on order, OSVs sneak Corporate StaffMark O’Malley, Marketing Managerwaters in and around New York City into the top three with 435 units on order, bumping out containerships (401). Gross Esther Rothenberger, Accountingtest driving some boats, and there I tonnage output and current orderbook are measurable, tangible. Where we go from here Information TechnologyVladimir Bibikwas able to see the emerging ? eet of somewhat of a mystery. Here are some of the things we don’t know, moving forward, Emin Yuce CityWide Ferry by Hornblower zip-with thoughts on how they may impact you in the coming few years.ping around the harbor, ferrying New SubscriptionKathleen Hickey k.hickey@marinelink.comYorkers to work and to the beach. The • Leveling the playing