Newbuilding activity was more active this week with large orders for bulk carriers placed in China. The continuing move towards liquefied natural gas (LNG) to protect the environment helped generate orders for gas carriers in South Korea. Korea also…

Efforts to improve maritime environmental protection again helped generate more shipbuilding orders this week. Energy-saving heavy-lift vessels were ordered separately by European and Japanese interests in China. South Korea won large orders for gas…

The very unusual step of taking an insolvent shipyard into state ownership was taken by the Scottish government, amid concerns that if European shipyards close they will never reopen again. Efforts also continued to save the financially troubled…

Slightly more merchant shipbuilding activity was seen this week despite the quiet summer period and the Eid holiday keeping buyers from Islamic countries from the shipbuilding market. Orders for a VLCC tanker and for liquified natural gas (LNG)…

Mainstream merchant shipbuilding orders in China and South Korea remained relatively slow this week, with continued uncertainty in the trade war between the United States and China restraining new investment decisions by ship owners. Gas carrier…

The relatively quiet summer period for merchant shipbuilding orders continued this week in both China and South Korea. Korean won some LPG and product carrier orders. A big order for an offshore windfarm installation vessel was placed in Japan. An…

Merchant shipbuilding orders remained at relatively low levels this week, with the summer pause continuing to depress activity. A large series of dual-fuel chemical tankers was ordered in China along with a big inland waterways chemical tanker. South…

Orders for large-sized merchant vessels remained at relatively low levels this week. China won orders for tankers while South Korea booked tanker and bulk carrier deals. The naval sector remained active with large modernisation contracts placed in…

Large bulk carrier orders were reported this week in China and Japan, with new designs involving energy saving creating interest among shipowners. South Korea won orders including car carriers and tankers. But overall merchant vessel order volumes…

Another dramatic shake-up in the world’s shipbuilding industry was signalled this week as China’s two largest shipyard groups say they plan to merge. Meanwhile, the next stage of the merger of South Korea’s largest two shipyards took another step…

The naval shipbuilding sector continued to be active in the past week. India invited yards to construct submarines in cooperation with foreign shipbuilders. There were indications that Germany’s large upcoming order for a new concept of a surface…

The naval shipbuilding sector continued to be active in the past week. India invited yards to construct submarines in cooperation with foreign shipbuilders. There were indications that Germany’s large upcoming order for a new concept of a surface…

Environmental protection by expanding natural gas both for land-based and ship propulsion use was again the theme for large orders this week. Increasing use of gas for land-based power generated was behind gas tanker orders in Korea while Korea is…

A large new container ship order for 12,000-TEU vessels is set to be placed in China after a long period of low boxship contracts. But the U.S./China trade war is depressing the overall volumes of world shipbuilding orders, which is especially…

More passenger cruise ship orders were again seen this week, with contracts in Finland, Norway and China. Ferry deals were reported in Norway and Japan. The naval sector also remained busy, with Canada selecting the design for its new class of…

Big warship orders were confirmed this week for the Belgian and Dutch navies, in the Philippines and Taiwan plus more coast guard orders in Canada. South Korean orders were much more active with orders including tankers and product carriers. Greek…

Chinese yards became more active this week, winning orders from Europe for container feeder ships and specialist freighters. South Korean orders remained depressed. Good news for Europe was the US$468 million contract for a ship for seabed diamond…