A Chinese yard is believed to have won container ship orders worth up to USD 6.16 billion from two European shipping groups this week, continuing China’s remarkable success in winning major contracts in past months. But both South Korean and Chinese…

It was yet another week in which Chinese yards dominated world merchant shipbuilding orders. A Chinese yard won a USD 900 million container ship contract, with the deal even placed in the Chinese currency, which some say illustrates the increasing…

It was another fine week of success for Chinese yards. Chinese orders included a deal from a multi-national oil company for product carriers worth USD 480 million, while a customer in Abu Dhabi ordered ammonia carriers worth USD 250 million. Other…

China once more dominated the world's newbuilding market this week. A European shipping group is set to place a container ship order with Chinese yards expected to be worth USD 5.25 billion. Other Chinese orders this week included a USD 300 million…

The Golden Week holiday in China and public holidays in South Korea reduced newbuilding activity this week although both countries still won valuable orders. South Korean deals included a USD 513.2 million container ship order from Asia and a USD 212…

China continued its domination of global merchant shipbuilding markets this week with deals worth well over USD 3 billion reported. Chinese business included a USD 2 billion container ship deal with Europe and two separate oil and chemical tanker…

It was another week with a multi-billion dollar order placed with a Chinese yard, this time worth up to USD 2.2 billion for a floating LNG production (FLNG) vessel. Other Chinese orders included product tankers for Germany and Turkey, plus…

China once again dominated world newbuilding orders this week, with contracts including a huge deal to build six ultra-large LNG carriers, believed to be the largest of their type in the world. Other Chinese business this week included a USD 509.3…

It was another week with Chinese yards dominating world merchant shipbuilding orders, with Chinese deals or expected orders totalling over USD 12.5 billion reported. Chinese business included an expected USD 6.6 billion container ship order from…

Chinese yards continued their dominance of world newbuilding business this week with a series of valuable contracts. Chinese deals included six ultra-large ethane carriers for an Asian customer, while European customers ordered product carriers, gas…

The week again saw very large contracts placed in China. Chinese yards won two separate orders, one for tankers and one for container ships, each worth close to USD 1 billion. Other Chinese orders included large gas carriers, product carriers and…

It was another week with multi-billion dollar orders for container ships. A European customer ordered twelve dual-fuel 19,000 TEU container vessels in China. A USD 2 billion container ship order was placed in Taiwan, perhaps signalling an expansion…

Chinese yards continued their firm grip on new world shipbuilding orders this week. China won a USD 1.2 billion gas carrier deal for Singapore and a USD 200 million chemical tanker contract for Vietnam. The other Chinese businesses included bulk…

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.…

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…

Chinese yards again achieved strong orders this week. China’s deals included car carriers for separate customers in Europe and Singapore, methanol dual-fuel bulkers for the United States, while a container ship order was confirmed for Asia. South…

South Korean yards won major orders for ammonia carriers this week, while Korea is also tipped to win more liquified natural gas carriers from the Middle East. Talks about building 21 container ships were reported for a yard in Asia. China and Japan…

It was another excellent week for Chinese yards, while South Korea also won major business. Chinese orders included twelve methanol dual-fuel container ships, a US$2.4 billion gas tanker deal plus other contracts including bulk carriers, a bunker…

South Korean yards had a remarkable start to the new year, winning orders worth over US$2.1 billion this week. Korean orders included gas carriers for the Middle East worth US$954 million, product carriers from Asia worth US$716.3 million plus other…

Chinese shipyards again won most world newbuilding orders for large merchant ships in 2023, winning over double as many orders as South Korean yards. Chinese yards continued their success as the new year started. New orders reported for China this…

Chinese yards ended the year with another highly successful week of orders. Chinese deals signed or set to be agreed included container ships worth around US$1 billion for Europe. European customers were also behind contracts in China for a carbon…

The week was generally quieter for Asian shipyards following the recent surge in orders. Chinese shipyards received orders for bulk carriers from Turkey and China. A European shipyard received an order worth USD 200 million from Japan for an offshore…

It was another superb week for Chinese yards. Chinese shipbuilding orders included major deals for car carriers, a rare order for a VLCC tanker from Europe, plus gas carriers, bulk carriers, and tankers. South Korea won a USD 432.4 million deal for…

It was another strong week for Chinese yards, with orders won including tankers, bulk carriers, and product carriers. South Korean contracts included a USD 125.5 million ammonia carrier and for tankers. In the naval sector, European yards won orders…