The coronavirus crisis continued to depress the global shipbuilding market this week, but there were some signs of stronger ordering activity, especially in China. Large orders for VLCC tankers were reported for two Chinese yards. Other Chinese…

Some light at the end of the tunnel for shipbuilders in the coronavirus crisis came this week with one of the largest merchant shipbuilding contracts in the past year set to be placed in China. China also won a large order for an offshore crane…

The world shipbuilding market remains in the grip of the coronavirus economic shutdown, but some shipowners are taking advantage of low prices to place big orders. A large contract was placed in South Korea to build two very large crude carriers…

The coronavirus continues to cause massive world economic disruption, but yards in China and South Korea are reporting some new orders. Low prices are attracting some shipowners to invest in new ships. But many shipping companies are taking a…

The global coronavirus crisis continued to keep world shipbuilding orders at a low level this week. Continued uncertainty about the recession the world is facing because of the lockdowns and curfews imposed to combat coronavirus continue to delay…

Shipbuilding orders continued at a low level this week as the coronavirus continued to cause massive disruption to the world economy. But despite many investment decisions being postponed, some large orders were reported in China and South Korea.…

Good news came at last this week for depressed Chinese yards with a massive order for container ships worth over US$1 billion. A Chinese yard is also set to win an order for two VLCC tankers from Greece. But overall the coronavirus continued to keep…

The coronavirus continued to keep new merchant shipbuilding orders at low levels this week. The uncertainty about whether the world will now face a recession as the coronavirus spreads is reducing the willingness to invest. But orders have not…

The global economic slowdown caused by coronavirus continued to depress shipbuilding orders this week. South Korean yards reported more active orders, with large deals for shuttle tankers, product tankers and a chemical tanker. Chinese orders…

Chinese shipbuilding orders remain at a very low level as the coronavirus continues to cause major economic disruption in the country and worldwide. Chinese yards are now getting back to work but delays in deliveries of new ships are expected…

Shipbuilding orders were still at a generally low level this week as the coronavirus caused global economic uncertainty. Chinese contracts remained depressed although deals for a container ship and bulk carrier were reported. Most Chinese yards were…

The disruption to business in China from the coronavirus was again felt in the world shipbuilding market this week. With extended holidays and transport problems, personnel at some Chinese yards were absent. Some Chinese yards have warned customers…

This week, newbuilding markets were quieter overall than usual, with the coronavirus crisis causing a noticeable slowdown in Chinese economic activity. China had extended its Lunar new year holiday period which caused a further reduction in…

Chinese yards had a successful week despite a long public holiday. The lunar new year holiday period in China and South Korea meant many shipyard executives were absent for part of the week. Chinese orders included tankers for Denmark and bulk…

Europe won big orders for cruise ships this week, with the biggest deal reported in France and another large contract in Portugal. The French project also involves further cooperation between shipyard and owner to investigate sail-powered cruise…

The German navy has awarded its largest naval vessel construction order ever to a Dutch yard, a controversial move after a European Union-wide tender aimed at reducing the price of the ships. German yards will undertake part of the work but will not…

The normally quiet shipbuilding market in early January saw some large deals reported. South Korea won major orders for gas carriers Italy ordered passenger ferries in China, while Chinese yards also won contracts including for chemical tankers and…

The usually quiet period between Christmas and the new year saw major shipbuilding orders placed both in the merchant and naval sectors. A cruise ship order was confirmed in Norway while a Croatian yard won a welcome deal for the hull of a cruise…

South Korea ended 2019 with some very large orders, including a welcome but rare deal for a large offshore platform. Observers say the outlook for Korean shipbuilders is likely to remain difficult in 2020 as increasing orders for the liquefied…

Environmental protection and increased use of liquefied natural gas (LNG) continued to be a shipbuilding theme this week. An LNG bunkering barge is planned in the Netherlands and such a bunkering barge was also ordered in China. China also won an…

A valuable and unusual order was reported this week for German yard to build an icebreaker for operation by a Russian state-owned company. One of the largest single naval shipbuilding orders in history was placed in the United States. Chinese yards…

The move towards use of environmentally friendly fuels continued to generate newbuilding orders this week. A South Korean yard won a massive US$1.5 billion order to build liquefied natural gas (LNG) carriers. Korean yards have been so successful in…

It was a good week for European yards, with a major deal for cruise ships reported in Italy, naval patrol vessels ordered in France and a frigate contract confirmed in Britain. Environmental protection continued to be a theme for new vessels ordered,…

Environmentally friendly shipping continued to be a major theme in orders this week. Poland won an order for a hybrid-battery powered ferry from Finland. A yard in Italy won a contract for bunkering vessel for liquefied natural gas (LNG). Major naval…