The gas carrier order boom continues with China winning a major contract. In Europe, projects to build floating gas vessels are underway to help replace Russian supplies. Other orders won by China this week included car carriers and bulk carriers,…

Another large order for LNG carriers was placed in South Korea this week, with a Scandinavian customer behind the contract. With Europe facing the challenge of coming through winter without Russian gas, brokers say disruption to power supplies could…

It was again a week with billion-dollar gas carrier newbuilding business in South Korea. South Korea also won a major tanker newbuilding contract. A US$3 billion fleet modernisation plan was announced by a shipping company in Asia, also including gas…

It was another week with large gas carrier orders as demand for gas imports continue to rise. South Korean yards won over half a billion dollars worth of gas carrier contracts. Shipbuilding orders in China this week included tankers and car carriers.…

What is believed to be the most expensive-ever merchant shipbuilding order for a single ship was placed in South Korea this week, beating the previous record-high order in October this year. The deal continued a successful run of gas carrier…

Multi-billion dollar orders were placed this week in both the merchant and naval shipbuilding sectors. China won a US$2.86 billion contract for very large container ships with green power along with a major order for LNG carriers. A US$1 billion…

It was again a week with major gas carrier orders, with China seeking to break the dominance held by South Korea. A leading Chinese yard won its first liquified natural gas (LNG) carrier order after only signing a licence agreement for LNG tanks in…

Another big gas carrier order was placed in South Korea this week with expectations of more demand for shipping as European and other importers seek liquified natural gas (LNG) deliveries by sea to replace Russian gas. Turkey won an order from a…

The rush for gas by importers around the world continues to generate shipbuilding orders, with deals worth US$2.7 billion close in Chin, and South Korea winning a US$243 million gas carrier deal this week. China additionally won orders for gas…

South Korean yards had a remarkable week with multi-billion dollar orders won. A US$1.14 billion contract from Europe for methanol-powered container ships was signed along with a US$1.3 billion gas carrier deal for Asian and European customers.…

Yards in China again had a busy week. Chinese orders included tankers with green designs for Scandinavia, gas carriers for several countries, bulk carriers and a new type of bunker vessel for ammonia. An Asian yard won a multi-billion dollar offshore…

Chinese yards had an excellent week with a series of major orders being negotiated or signed. These included container ships of up to 23,000 TEU, a series of 10 car carriers, large gas carriers and bulk carriers. South Korea won a US$421.5 million…

The cruise shipping sector continues to recover from the corona pandemic with a 1.7 billion euro newbuilding order placed this week in Europe. An initial deal for an environment-friendly cruise ship for operation in Scandinavia was also signed by…

It was another remarkable week for liquified natural gas (LNG) orders in South Korea, with contracts worth over US$2.3 billion placed with several yards. Korean yards also won a series of orders for liquefied petroleum gas carriers. China booked…

Demand for gas carriers continued this week with a European company placing a large order in South Korea. Chinese contracts included container ships, bulk carriers, a heavy lift freighter and a gas bunkering vessel. Moves to reduce pollution from…

The global trend towards reducing pollution in shipping was behind many shipbuilding projects this week. China won orders for VLCC tankers and bulk carriers with LNG propulsion. An Asian shipping company has issued a tender to shipyards to build five…

Once again, the boom in global demand for natural gas generated newbuilding orders this week. South Korea won a US$238.5 million gas carrier contract for an Asian customer. Korea is also set to win a large order for offshore gas development…

The boom in demand for natural gas again generated major orders this week. South Korea won contracts worth US$1.5 billion for gas carriers destined to transport exports from Qatar. Japan won a deal for one combined liquefied petroleum gas and…

A billion-dollar order for methanol-powered container ships is expected to be won by China, continuing the boom in contracts for boxships with reduced pollution. Chinese yards had a successful week, with contracts including container feeder ships,…

A South Korean yard won a US$495 million contract for two liquefied natural gas (LNG) carriers from a European customer this week as LNG demand worldwide continues to rise. Orders won by Chinese yards this week included a tanker with dual-fuel…

South Korea won another large order for container vessels this week as the boom in container shipping continues. Chinese orders included heavy-lift freighters, car carriers and a wind farm installation platform. In the naval sector, more new…

A 1.2 billion euro cruise ship contract for an unnamed customer was announced in Europe this week, bringing more hopes the cruise sector is recovering from the pandemic. South Korean orders included a large ferry and a deal for product carriers.…

In Europe, an initial deal for gas-powered cruise ships was announced, bringing hope the cruise sector may be recovering from the pandemic. US$2.2 billion worth of orders for gas carriers were placed in South Korea. A South Korean yard also said it…

Chinese yards had a busy week with orders including feeder container ships, bulk carriers and tankers. Alternative fuels for ships were again a dominant theme this week. A Japanese consortium announced the start of a joint project aimed at developing…