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…

A major cruise ship order was announced in Germany this week, ending a relatively quiet period for large passenger vessel contracts. The cruise ships will have liquefied natural gas (LNG) propulsion, which was again the case with other vessels…

A successful week was reported for Japanese yards, with orders for bulk carriers and a tanker. South Korean orders focused on product carriers and tankers. Australia won a large contract for the design and construction of a high-speed catamaran ferry…

The recent trend towards nationalising troubled yards has taken a new twist as a Singapore-government company has made a takeover offer for the troubled rig building group Keppel. A restructuring of Keppel’s giant rig construction yards is expected.…

South Korean yards achieved a remarkable success in the past week, winning huge orders in both the merchant shipping and the naval sector. South Korean merchant shipping orders included large container ships of 23,000 TEU, a VLCC, LNG carriers and…

Major orders for container ships were placed this week, ending a long period of slack contracts for large-size boxships. South Korean yards won separate orders for vessels of 23,000 TEU and 15,000 TEU worth together around US$2.4 billion. A mix of…

A wide spread of newbuilding orders was reported this week. China won contracts including very large bulk carriers and in the LNG carrier sector. A large gas carrier order is at last set to be placed in Russia after long discussions. Large…

Orders in China were more active this week after a quiet period, with contracts including large ferries from Europe plus LPG carriers, a bulk carrier and ultra large ethane carriers. South Korea won tanker orders. Moves towards protecting the climate…

Mainstream shipbuilding orders in China and South Korea were brisk this week. An order for ten very large container ships was confirmed to be divided among South Korea and China. Major orders for bulk carriers and product carriers were also reported…