New Ships
18.07.2024

EDITORIAL NO Editorial 029 | 2024

South Korea won a huge order this week worth USD 2.67 billion from Europe for twelve container ships. A European shipping company is also expected to separately announce a major contract for container ships in the coming weeks. Chinese yards won a…

New Ships
11.07.2024

EDITORIAL NO Editorial 028 | 2024

Chinese yards continued their remarkable success in the container ship market with orders worth over USD 4.2 billion won this week, with USD 3.7 billion of the deals going to one yard alone. Other Chinese contracts included large 325,000dwt bulk…

New Ships
04.07.2024

EDITORIAL NO Editorial 027 | 2024

It was a week with multi-billion-dollar orders placed both in Asia and Europe. South Korea won a USD 2.5 billion order for gas carriers from the United Arab Emirates and a USD 521.1 million tanker deal from Africa. A yard in Europe won contracts…

New Ships
27.06.2024

EDITORIAL NO Editorial 026 | 2024

Chinese yards again had a successful week. New Chinese orders included product carriers and tankers for Europe, offshore vessels for a Scandinavian customer, bulk carriers, and a USD 963 million floating LNG facility for Malaysia. A German shipping…

New Ships
20.06.2024

EDITORIAL NO Editorial 025 | 2024

China kept its firm grip on newbuilding orders this week, with over USD 1 billion worth of orders reported. Chinese deals included container ships worth almost USD 600 million for Europe and large bulk carriers worth USD 606.75 million for Asia. A…

New Ships
13.06.2024

EDITORIAL NO Editorial 024 | 2024

It was another week with strong flows of newbuilding orders in both China and South Korea. China’s contracts included a car carrier deal from an Asian customer worth almost USD 1 billion. Chinese yards also won two orders worth together over USD 800…

New Ships
06.06.2024

EDITORIAL NO Editorial 023 | 2024

Once more Chinese yards dominated world newbuilding orders this week with contracts running into billions of dollars won. Chinese business included a USD 1.3 billion container ship order set for Europe while product tanker orders worth USD 460 signed…

New Ships
30.05.2024

EDITORIAL NO Editorial 022 | 2024

It was another excellent week for Chinese yards. Among the Chinese newbuilding business reported were two separate deals worth USD 1.6 billion and USD 460 million for container ships, different orders for car carriers from Europe and Asia, plus other…

New Ships
23.05.2024

EDITORIAL NO Editorial 021 | 2024

Once again, it was Chinese yards which dominated world newbuilding orders this week. Chinese contracts included a USD 400 million wind farm installation vessel for Scandinavia, VLCC dual-fuel tankers, product carriers, methanol-ready heavy lift…

New Ships
15.05.2024

EDITORIAL NO Editorial 020 | 2024

Chinese yards continued their domination of world shipbuilding orders this week. Chinese deals included a large series of chemical carriers, container ships, very large ethanol carriers, ammonia carriers and bulk carriers. A new report estimates…

New Ships
08.05.2024

EDITORIAL NO Editoral 019 | 2024

The week saw major gas carrier orders placed in South Korea. A European customer was believed to be behind a USD 540.3 million LNG carrier contract placed in Korea, while a commodity trading group ordered four medium gas carriers (MGC), which will be…

New Ships
02.05.2024

EDITORIAL NO Editorial 018 | 2024

It was a week with a massive USD 6 billion gas carrier order, with China winning what is likely to be the biggest single merchant shipbuilding contract this year. China again dominated world newbuilding orders in other sectors, winning contracts including for product carriers, feeder container ships, bulk carriers, chemical carriers, and heavy lift freighters. A USD 750 million LNG order for dual-fuel car carriers is planned in South Korea. In Europe, a major contract was placed for a new type of sail-powered cargo ship.

New Ships
25.04.2024

EDITORIAL NO Editorial 017 | 2024

Chinese yards continued their dominance of new shipbuilding orders this week. Chinese orders included oil tankers partly fuelled by ammonia, VLCC tankers, bulk carriers, and several contracts for product carriers from different customers in Europe…

New Ships
18.04.2024

EDITORIAL NO Editorial 016 | 2024

Chinese yards had another successful week. Chinese orders included a USD 274 million bulker order from Scandinavia, a USD 110.8 million deal for product carriers for Italy, heavy lift vessels for ultra-large cargo for the Netherlands, plus product…

New Ships
11.04.2024

EDITORIAL NO Editorial 015 | 2024

A major boost for European shipbuilding came this week with a cruise ship order expected to be worth up to EUR 9 billion, with vessels of up to 200,000 gross tons involved. A South Korean yard won a USD 466.4 million contract for ammonia carriers for…

New Ships
04.04.2024

EDITORIAL NO Editorial 014 | 2024

Gas carrier orders worth over USD 2.2 billion were won by South Korea this week, continuing the huge volume of newbuilding business generated by Qatar. Qatar was behind a series of orders for 19 liquefied natural gas (LNG) carriers ordered from…

New Ships
28.03.2024

EDITORIAL NO Editorial 013 | 2024

It was another week with a massive order for liquified natural gas (LNG) carriers, this time with a US$1.82 billion contract placed in South Korea. Yards in China had a good week. Tey won orders including car carriers with options for more, several…

New Ships
21.03.2024

EDITORIAL NO Editorial 012 | 2024

Chinese yards continued their successful run with a series of big orders this week. Chinese yards won deals including very large pure car truck carriers, bulk carriers, gas carriers, and product carriers. South Korea won a USD 372 million ammonia…

New Ships
14.03.2024

EDITORIAL NO 011 | 2024

Chinese yards had a busy week, with contracts including methanol-ready bulk carriers, gas carriers, heavy-lift multi-purpose freighters and sail-assisted oil tankers. South Korea won a US$524.9 million tanker order. U.S. President Joe Biden said his…

New Ships
07.03.2024

EDITORIAL NO 010 | 2024

South Korean yards had an excellent week for new business. Korean orders included a deal worth US$362.8 million for an offshore gas unit, believed to be for Europe. Qatar is believed to be behind a contract for twelve liquified natural gas (LNG)…

New Ships
29.02.2024

EDITORIAL NO 009 | 2024

South Korean yards had an excellent week for new orders, winning new business worth around USD 2 billion. The biggest Korean deal was an order worth over USD 1 billion for liquefied natural gas (LNG) carriers. Other Korean deals included car…

New Ships
22.02.2024

EDITORIAL NO 008 | 2024

Chinese yards ended the lunar new year holiday by winning a series of new orders. Chinese deals signed or under discussion included an ammonia-powered container ship for a European consortium, car carriers, container ships, and dual-fuel bulk…

New Ships
15.02.2024

EDITORIAL NO 007 | 2024

This week saw the first cruise ship order awarded by the Carnival Cruise Group for five years, with the contact placed in Germany. Carnival’s huge newbuilding programme had been stopped as the COVID-19 pandemic devastated the world cruise industry.…

New Ships
08.02.2024

EDITORIAL NO 006 | 2024

It was a week with individual orders worth billions of dollars placed in South Korea and China. A South Korean yard won a giant USD 3.44 billion contract for gas carriers this week, continuing demand from the Middle East. A Chinese shipyard has…

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