Page 84 - Annual Review 2021 full

Indian National Shipowners’ Association

6.1 NEWBUILDING PRICES
6.1(a) Newbuilding Prices of Liner Vessels
($ million)
1700 TEU 2000 TEU 2750 TEU 3700 TEU 6600 TEU 8800 TEU* 13000 TEU” 15000 TEU 21000 TEU Index Yr/Yr %
End
FCC FCC FCC FCC FCC FCC FCC FCC FCC FCC change
2014 27.0 27.0 32.5 41.5 67.8 89.0 116.0 154.0 82.1 3.7%

2015 25.0 26.3 29.5 38.0 66.5 89.0 116.0 154.0 77.0 -6.1%
2016 21.8 22.3 27.0 33.0 60.0 83.0 109.0 145.5 69.0 -10.4%
2017 22.5 22.5 28.8 34.0 60.5 83.0 107.0 140.0 70.4 2.0%
2018 26.0 26.5 35.0 39.0 69.0 89.0 115.0 117.0 149.0 80.6 14.5%
2019 26.0 25.3 31.5 41.5 71.5 89.0 109.0 113.5 146.0 79.3 -1.6%

2020 23.0 22.5 30.0 40.3 72.0 87.5 102.0 106.0 142.0 75.4 -4.9%
Feb-20 25.5 24.8 31.0 41.5 71.5 89.0 109.0 113.5 146.0 78.8 -3.0%
Mar-20 25.3 24.5 31.0 42.0 71.5 89.0 109.0 113.5 146.0 78.8 -4.0%
Apr-20 25.3 24.5 31.0 42.0 71.5 88.5 108.5 112.5 145.0 78.7 -3.9%

May-20 24.8 24.0 30.3 42.0 71.5 88.5 108.5 112.5 145.0 77.9 -4.7%
Jun-20 24.8 24.0 30.0 42.0 71.5 88.0 108.0 112.0 144.0 77.5 -4.8%
Jul-20 24.5 23.8 30.0 42.0 71.5 88.0 108.0 112.0 144.0 77.2 -3.9%
Aug-20 24.0 23.5 30.0 42.0 71.5 88.0 108.0 112.0 144.0 76.9 -3.7%
Sep-20 23.5 23.0 30.0 40.0 71.5 88.0 108.0 112.0 144.0 76.2 -4.6%
Oct-20 23.5 23.0 30.0 40.0 71.5 87.0 105.5 109.5 142.5 75.9 -4.8%

Nov-20 23.0 22.5 30.0 40.0 71.5 87.5 104.0 108.0 142.0 75.4 -5.2%
Dec-20 23.0 22.5 30.0 40.3 72.0 87.5 102.0 106.0 142.0 75.4 -4.9%
Jan-21 23.5 23.0 30.0 40.3 72.5 91.0 104.0 108.0 144.0 76.4 -3.6%
Feb-21 23.5 23.0 30.5 41.0 74.0 95.0 105.0 109.0 145.0 77.4 -1.8%

New building prices vary as to country of build, delivery and ship specification, Prices here are end month/year and from Jun 08 assume a
“European spec”, 20/20/20/20/20% payments and “first class competitive yards quotation, and relate to market contracts where these
have taken place and to brokers’ best estimates when no contracts have occurred. 3700 teu based on wide beam vessel ~18500-19000
TEU prior October 2018.
Source: Clarkson Research Services - March 2021

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