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A mixed bag of orders was reported this week despite the continued economic slowdown. Finland won a contract for a luxury expedition cruise vessel. Orders for petrochemical carriers and gas carriers with dual fuel were placed in South Korea. Big orders for multi-purpose freighters were won by China. A ferry was ordered in Japan. Wind farm exploration continued to generate newbuildings with a major deal expected soon in South Korea. In the naval sector, a design contract project for crewless naval supply vessels was awarded.

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