New Ships
20.02.2025

EDITORIAL NO 08 | 2025

China looks set to continue its recent success in the container ship sector with more reports this week the country is set to win a USD 2.5 billion container vessel order from Europe. Other Chinese newbuilding business this week included a USD 489…

New Ships
13.02.2025

EDITORIAL NO 07 | 2025

Chinese yards had an excellent week with major orders for container ships placed or being negotiated and a series of other contracts. Chinese and Korean yards shared a container ship order worth over USD 3.2 billion from an Asian customer. A European…

New Ships
06.02.2025

EDITORIAL NO 06 | 2025

It was Europe’s turn to win the biggest newbuilding order reported this week, with a EUR 9 billion contract for cruise ships awarded. Asian yards returned to work after the Lunar New Year holiday period with over USD 2 billion of orders reported. One…

New Ships
29.01.2025

EDITORIAL NO 05 | 2025

The Lunar New Year holiday period in Asia this week reduced newbuilding activity in China and South Korea, but China still won substantial new business. Chinese orders this week included multi-purpose freighters, container ships, tankers, a cable…

New Ships
22.01.2025

EDITORIAL NO 04 | 2025

Talks about multi-billion dollar container ship orders were reported in China and South Korea this week. A European customer is in negotiations with at least two Chinese yards about a USD 1.4 billion container ship contract. Meanwhile, a USD 2.71…

New Ships
16.01.2025

EDITORIAL NO 03 | 2025

The global shipbuilding market continued into the new year with China dominating newbuilding orders as it had in 2024. Chinese deals this week included a USD 240 million container ship contract from China, while different customers in Europe ordered…

New Ships
09.01.2025

EDITORIAL NO 01-02 | 2025

The world shipbuilding industry started the new year with the same pattern as seen in 2024, with Chinese yards dominating new orders but with South Korea getting some valuable business. Chinese yards won contracts including product carriers and…

New Ships
19.12.2024

EDITORIAL NO 051 | 2024

Chinese yards continued their remarkable success in 2024 with more orders this week. Chinese contracts included a USD 240 million gas carrier deal plus general cargo vessels and bulk carriers. Pakistan is to build its first container ship in over 40…

New Ships
12.12.2024

EDITORIAL NO 050 | 2024

It was another week with a multi-billion dollar order reported in China, as Chinese dominance of the world newbuilding market continued. This time a European customer is believed to have ordered container ships in China worth USD 2.34 billion. Other…

New Ships
05.12.2024

EDITORIAL NO 049 | 2024

China continued its remarkable grip on world merchant newbuilding orders this week with several billion dollars worth of contracts won. China won the main part of a 20-ship container ship order from Europe worth about USD 4 billion. One Chinese yard…

New Ships
28.11.2024

EDITORIAL NO 048 | 2024

It was the turn of South Korean yards to win multi-billion dollar newbuilding orders this week following a long period of Chinese domination of new shipbuilding business, but Chinese yards also won large deals. Two South Korean yards won separate…

New Ships
21.11.2024

EDITORIAL NO 047 | 2024

Chinese yards continued to hold a firm grip on world newbuilding contracts this week. Chinese orders included pure car and truck carriers, large ethanol carriers and bulk carriers. South Korean yards won large contracts including very large gas…

New Ships
14.11.2024

EDITORIAL NO 046 | 2024

Once again it was a week with multi-billion dollars worth of orders placed and Chinese yards booked major new business. Chinese yards won deals including a USD 795 million tanker order, large car carriers for Scandinavia along with separate contracts…

New Ships
07.11.2024

EDITORIAL NO 045 | 2024

China continued to strengthen its firm grip on the world shipbuilding market this week. A European company placed a USD 4 billion container ship order in China, while a Singapore-based customer also booked container vessels. A Scandinavian customer…

New Ships
30.10.2024

EDITORIAL NO 044 | 2024

A Chinese yard is believed to have won container ship orders worth up to USD 6.16 billion from two European shipping groups this week, continuing China’s remarkable success in winning major contracts in past months. But both South Korean and Chinese…

New Ships
24.10.2024

EDITORIAL NO 043 | 2024

It was yet another week in which Chinese yards dominated world merchant shipbuilding orders. A Chinese yard won a USD 900 million container ship contract, with the deal even placed in the Chinese currency, which some say illustrates the increasing…

New Ships
17.10.2024

EDITORIAL NO 042 | 2024

It was another fine week of success for Chinese yards. Chinese orders included a deal from a multi-national oil company for product carriers worth USD 480 million, while a customer in Abu Dhabi ordered ammonia carriers worth USD 250 million. Other…

New Ships
10.10.2024

EDITORIAL NO 041 | 2024

China once more dominated the world's newbuilding market this week. A European shipping group is set to place a container ship order with Chinese yards expected to be worth USD 5.25 billion. Other Chinese orders this week included a USD 300 million…

New Ships
01.10.2024

EDITORIAL NO 040 | 2024

The Golden Week holiday in China and public holidays in South Korea reduced newbuilding activity this week although both countries still won valuable orders. South Korean deals included a USD 513.2 million container ship order from Asia and a USD 212…

New Ships
26.09.2024

EDITORIAL NO 039 | 2024

China continued its domination of global merchant shipbuilding markets this week with deals worth well over USD 3 billion reported. Chinese business included a USD 2 billion container ship deal with Europe and two separate oil and chemical tanker…

New Ships
19.09.2024

EDITORIAL NO 038 | 2024

It was another week with a multi-billion dollar order placed with a Chinese yard, this time worth up to USD 2.2 billion for a floating LNG production (FLNG) vessel. Other Chinese orders included product tankers for Germany and Turkey, plus…

New Ships
12.09.2024

EDITORIAL NO 037 | 2024

China once again dominated world newbuilding orders this week, with contracts including a huge deal to build six ultra-large LNG carriers, believed to be the largest of their type in the world. Other Chinese business this week included a USD 509.3…

New Ships
05.09.2024

EDITORIAL NO 036 | 2024

It was another week with Chinese yards dominating world merchant shipbuilding orders, with Chinese deals or expected orders totalling over USD 12.5 billion reported. Chinese business included an expected USD 6.6 billion container ship order from…

New Ships
29.08.2024

EDITORIAL NO 035 | 2024

Chinese yards continued their dominance of world newbuilding business this week with a series of valuable contracts. Chinese deals included six ultra-large ethane carriers for an Asian customer, while European customers ordered product carriers, gas…

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