New Ships
08.10.2020

EDITORIAL NO 041 | 2020

Public holidays in China and South Korea helped reduce shipyard activity this week. But South Korea won orders including liquefied petroleum gas carriers. A yard in the Netherlands won a contract for a coastal freighter with hybrid power. In the…

New Ships
01.10.2020

EDITORIAL NO 040 | 2020

Low prices available from yards helped generate some major newbuilding orders this week with talks about other deals reported. Greek interests are said to be behind a US$359 million order for tankers placed in South Korea. Chinese shipyards are in…

New Ships
24.09.2020

EDITORIAL NO 039 | 2020

Chinese yards again dominated merchant shipbuilding orders and negotiations this week. Talks were reported about a large VLCC order while contracts were placed in China for vessels including bulk carriers and tankers. A leading European bulk carrier…

New Ships
17.09.2020

EDITORIAL NO 038 | 2020

Chinese yards won a series of orders this week for vessels including container ships, gas carriers and offshore platforms, although customers in China itself dominated. But Chinese shipbuilders did win orders for container ships from Taiwan. Deals in…

New Ships
10.09.2020

EDITORIAL NO 037 | 2020

A huge and long-awaited order for liquefied natural gas (LNG) tankers for operation in Russian Arctic waters was confirmed this week, with indications more newbuilding contracts could be on the way. Chinese yards won a decent number of orders, but as…

New Ships
03.09.2020

EDITORIAL NO 036 | 2020

A more active level of orders was seen in Asia this week. Six 1,800-TEU feeder container ships were ordered in China with options for six more. Chinese yards also won orders for tankers, bulk carriers and chemical tankers. South Korean yards won…

New Ships
27.08.2020

EDITORIAL NO 035 | 2020

Low prices on offer by shipyards during the current economic slowdown helped to generate some large orders this week. South Korean yards won contracts for gas carriers from China worth US$440 million. Korean yards also won orders from Saudi Arabia…

New Ships
20.08.2020

EDITORIAL NO 034 | 2020

The coronavirus crisis continues to cause tough times for global shipbuilding, although regular orders continue to be placed. South Korea won a US$372 million order to build two liquefied natural gas (LNG) carriers. Japan won a large deal for…

New Ships
13.08.2020

EDITORIAL NO 033 | 2020

The slowdown in the world economy in the coronavirus crisis continued to burden the shipbuilding market this week. Chinese yards won orders including bulk carriers, a liquefied petroleum gas (LPG) carrier and inland waterways vessels. Russia revealed…

New Ships
06.08.2020

EDITORIAL NO 032 | 2020

Shipbuilding markets were more active this week after the long-depressed period caused by the coronavirus crisis. South Korean yards won orders worth US$746.2 million for four liquefied natural gas (LNG) carriers. Korean yards also won orders…

New Ships
30.07.2020

EDITORIAL NO 031 | 2020

The world economic slowdown again depressed newbuilding orders this week. South Korean won contracts for medium-range product tankers and an environmentally friendly ferry. Chinese yards won a series of orders mostly for smaller vessels including…

New Ships
23.07.2020

EDITORIAL NO 030 | 2020

The coronavirus crisis continued to depress world shipbuilding but with a series of new contracts reported in Asia. Japanese yards won deals for container ships and a gas tanker. China won orders including bulk carriers and a multi-purpose vessel.…

New Ships
16.07.2020

EDITORIAL NO 029 | 2020

The coronavirus crisis continued to depress global shipbuilding orders this week. South Korea won contracts for feeder container ships. Indonesia revealed plans to order oil and gas tankers. Singapore won offshore orders while multi-billion plans for…

New Ships
09.07.2020

EDITORIAL NO 028 | 2020

The coronavirus crisis continued to depress shipbuilding orders this week but there were some signs of light at the end of the tunnel. A big VLCC tanker order for South Korea is expected from Greece if a charter deal is confirmed. Russia is planning…

New Ships
02.07.2020

EDITORIAL NO 027 | 2020

The coronavirus crisis continues to depress global shipbuilding demand, but with some rays of hope. An initial order for VLCC tankers was reported in South Korea. Chinese yards were able to win orders for LNG carriers, a tanker and bulk carriers this…

New Ships
25.06.2020

EDITORIAL NO 026 | 2020

Chinese yards won orders for a wide range of vessels especially from Chinese customers including deck cargo ships, a crane ship and a new type of vessel for offshore fish farming. New types of environmentally friendly craft continued to be ordered…

New Ships
18.06.2020

EDITORIAL NO 025 | 2020

The merchant shipbuilding sector continues to suffer from the impact of the coronavirus crisis but the naval sector was active this week. Canada confirmed a huge order for naval supply ships while Ukraine announced a major order to build patrol…

New Ships
11.06.2020

EDITORIAL NO 024 | 2020

South Korean yards won another large order for liquefied natural gas (LNG) units this week following their success in the massive deal with Qatar. Korean yards are working on winning even more LNG orders from Russia and Africa. Tanker orders were…

New Ships
04.06.2020

EDITORIAL NO 023 | 2020

The stage was set for one of the biggest merchant shipbuilding orders in history this week with Qatar signing initial agreements with South Korean yards for around 100 liquefied natural gas (LNG) carriers costing more than US$19.2 billion. The deals…

New Ships
28.05.2020

EDITORIAL NO 022 | 2020

The coronavirus crisis again depressed the level of merchant shipbuilding orders, but with some bright spots. South Korea won big contracts for floating storage vessels for liquefied natural gas (LNG) projects in Central America and Germany. Korea…

New Ships
20.05.2020

EDITORIAL NO 021 | 2020

A large order for a residency vessel in the style of a cruise ship was placed in Norway this week, giving a signal of confidence in the face of the coronavirus crisis. An order for a new type of sail-assisted VLCC oil tanker was placed in China. But…

New Ships
20.05.2020

EDITORIAL NO 021 | 2020

A large order for a residency vessel in the style of a cruise ship was placed in Norway this week, giving a signal of confidence in the face of the coronavirus crisis. An order for a new type of sail-assisted VLCC oil tanker was placed in China. But…

New Ships
14.05.2020

EDITORIAL NO 020 | 2020

Merchant newbuilding orders continued at relatively low levels this week but with some signs of new activity. South Korean yards won orders from Greece for tankers, with talk low prices in the current depressed market are starting to spark purchase…

New Ships
07.05.2020

EDITORIAL NO 019 | 2020

Chinese yards won a stream of big orders this week, raising a glimmer of hope for a recovery in demand after the huge damage to the world economy from coronavirus. Multi-million dollar contracts were won by Chinese yards including for tankers and…