Merchant newbuilding activity was relatively quiet in the usual lull between Christmas and the new year, but South Korean yards started 2022 with a series of orders worth over US$1.3 billion. South Korea won a US$203 million gas carrier order and…

Shipbuilding activity started to slow down this week in the leading Asian countries as the Christmas and new year holidays approached, but with exceptions. A Chinese yard signed shipbuilding deals worth US$1.9 billion with a series of customers. The…

Chinese orders this week included ammonia carriers and gas carriers, South Korea also won gas carrier business. The ferry sector saw a major order placed in Europe and announcement of a US$200 million newbuilding project in the United States. The…

Brisk orders continued in the leading Asian shipbuilding countries this week. South Korea’s deals included gas carriers, an offshore installation vessel, product carriers and container ships. China’s orders included dual-fuel gas carriers and…

Liquefied natural gas (LNG) carriers dominated orders in South Korea this week, with reports of deals involving customers including from Malaysia, Qatar and Greece. Chinese contracts included large orders for container ships and bulkers. Japan also…

A good mix of contracts was won by yards in Asia this week, although overall order volumes in China and South Korea were under the high levels seen earlier this year. Korean deals included a US$628 million order for container ship believed to be for…

The move towards environment-friendly shipping and more gas transport continued to generate orders this week. A European owner reportedly ordered dual-fuel/wind-power-ready product carriers in South Korea. Deals awarded or under negotiation in South…

Huge orders were placed in South Korea this week with more in the pipeline. Contracts were signed in Korea under Qatar’s massive gas tanker programme. Another deal was reported for gas carriers in Korea worth US$632 million. Talks about a billion…

The pressure to achieve greener global shipping continued to generate more orders this week. Chinese orders included a new series of eco-friendly kamsarmaxes bulk carriers for a European customer and a series of bulk carriers for a leading steel…

Moves to develop more environment-friendly shipping were again a dominant theme this week. China won orders for car carriers with green propulsion. South Korea won large orders including for gas carriers. In Europe, a project to develop a carrier for…

A strong flow of newbuilding orders was again seen this week, especially in South Korea, where contracts totalling over US$2.6 billion were reported. Korean deals included container ships and tankers for Europe and unnamed customers along with gas…

A strong flow of newbuilding orders was again seen this week, especially in South Korea, where contracts totalling over US$2.6 billion were reported. Korean deals included container ships and tankers for Europe and unnamed customers along with gas…

A large volume of newbuilding orders were won by Asian yards this week despite the continuing holiday period in several key countries including South Korea. Environment-friendly vessel designs dominated again. Newbuilding orders in China included…

A good flow of orders was seen this week with high ocean shipping prices and the need for more environment-friendly vessels again generating new business. Qatar went to China for US$765 million worth of gas carriers. China also won an order from…

The surge in global container shipping continued to generate major new orders this week. China confirmed a contract worth over US$800 million for container vessels as the need for both fleet expansion and modernisation continued to drive new ship…

Booming world container shipping continues to generate new orders. Another huge container ship order is expected in China while Chinese yards also won contracts for feeder boxships. Other Chinese orders include bulk carriers and a hybrid bunker…

Green developments are at forefront of vessel orders. With London International Shipping Week (LISW) also happening which is seeing some interesting developments in the area of environmental submarines. Asia is still seeing large orders come through…

The market sees further progress with orders for more environmentally efficient ships. Europe has started to see an uptake in the systems for smaller vessels such as ferries and inland waterways. China and Korea are starting to see larger orders come…

The generally quiet summer period for newbuilding orders continued this week but Chinese and South Korean yards achieved some new business. Chinese deals included feeder boxships and talks with a European customer about a US$100 million container…

Shipyards in South Korea are facing a painful rise in steel prices just as a recovery in newbuilding orders has created hopes for better profits among shipbuilders. Yards in other countries are likely to face the same problem in the final months of…

Chinese yards won orders this week for vessels including feeder container ships and bulk carriers. Feeder container contracts were also reported for South Korea. A design and engineering tender for LNG production vessel was announced in Asia. The…

South Korea expanded in U.S. offshore oil and gas platform market with big order this week. This illustrates the determination of Korean yards to fill the gap in the offshore sector following the pullback by yards in Singapore, and also the recovery…

China won orders for container ships and tankers worth over US$1 billion this week, breaking the virtual monopoly held on LNG-powered boxships at South Korean yards. China’s other orders included container feeder ships and large bulk carriers. South…

The global shipbuilding market remained active this week as the recovery in the global economy continues to underpin shipping demand. South Korea continued its recent order success with major gas carrier deals signed. European yards proved to be a…