New Ships
02.09.2021

EDITORIAL NO 035 | 2021

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…

New Ships
26.08.2021

EDITORIAL NO 034 | 2021

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…

New Ships
19.08.2021

EDITORIAL NO 033 | 2021

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…

New Ships
12.08.2021

EDITORIAL NO 032 | 2021

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…

New Ships
05.08.2021

EDITORIAL NO 031 | 2021

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…

New Ships
29.07.2021

EDITORIAL NO 030 | 2021

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…

New Ships
22.07.2021

EDITORIAL NO 029 | 2021

South Korean yards continued their recent order success this week, with contracts including liquefied natural gas carriers. Chinese yards won a large container ship deal while Japanese yards won orders including bulk carriers. An Asian shipowner is…

New Ships
15.07.2021

EDITORIAL NO 028 | 2021

Moves to create more environmentally friendly shipping continued to simulate orders this week. China won contracts for a new type of low-pollution car carriers. Increased demand for gas carriers generated valuable contracts for South Korean yards.…

New Ships
08.07.2021

EDITORIAL NO 027 | 2021

More container ship orders were reported this week as the recovery in the world economy continues to strengthen demand for container shipping. Chinese yards won orders for both larger container vessels of 7,000 TEU and smaller feeder ships. South…

New Ships
01.07.2021

EDITORIAL NO 026 | 2021

Moves for more environmentally friendly shipping continued to stimulate newbuilding orders this week, with a new type of methanol-powered container ship contracted. Chinese yards won a series of valuable contracts this week, especially for very large…

New Ships
24.06.2021

EDITORIAL NO 025 | 2021

South Korean yards continued their order success this week with billion dollar deals including in the container shipping and gas carrier sectors. Chinese yards also reported hefty orders including several container ship deals. Environmentally…

New Ships
17.06.2021

EDITORIAL NO 024 | 2021

A week with public holidays in a series of Asian countries including China and South Korea reduced newbuilding activity. But China still reported container ship orders while South Korea won a US$1 billion offshore project. Japan clinched deals for…

New Ships
10.06.2021

EDITORIAL NO 023 | 2021

South Korean yards continued their recent newbuilding success with deals including tankers and gas carriers. A US$1.5 billion container ship deal was reported in China. The need for more environmentally friendly shipping continues to generate orders,…

New Ships
03.06.2021

EDITORIAL NO 022 | 2021

Huge newbuilding wins by South Korean yards continue, with the latest indications that Korean yards have won more contracts in the first five months of 2021 than in all of 2020. Over US$2.4 billion worth of Korean newbuilding orders were reported…

New Ships
27.05.2021

EDITORIAL NO 021 | 2021

Record-high steel prices are holding back shipbuilding orders, as over 100 Chinese steel mills have raised prices. But Chinese and Korean yards still booked some decent contracts in the past week. European customers were behind orders for tankers and…

New Ships
20.05.2021

EDITORIAL NO 020 | 2021

The naval sector was active this week, with a US$950 million naval vessel contract signed by an Arabian yard. Another Middle Eastern yard won a major export order from Asia. A contract for naval supply vessels is close to being awarded by a European…

New Ships
12.05.2021

EDITORIAL NO 019 | 2021

Newbuilding orders remained active in Asia this week. China booked large contracts including container ships, LPG carriers and a big LNG bunker vessel. South Korea won a US$330 million order from Europe for a wind farm ship. Korean and Singapore…

New Ships
06.05.2021

EDITORIAL NO 018 | 2021

One of the largest ever orders for container ships won by Chinese yards was awarded this week, confirming China’s challenge of South Korea’s lead in the boxship sector. Large orders also won by Chinese yards for bulk carriers including vessels with…

New Ships
29.04.2021

EDITORIAL NO 017 | 2021

Some large orders were booked by the main Asian shipbuilding nations this week, with China reporting substantial deals. Business in China included a large car carrier of a new environmentally friendly design, a big series of product carriers and…

New Ships
22.04.2021

EDITORIAL NO 016 | 2021

Major orders for container ships, tankers and bulk carriers worth US$970 billion were announced by a single yard in China this week. Other Chinese yards won orders including for container ships, bulk carriers and product tankers. In South Korea,…

New Ships
15.04.2021

EDITORIAL NO 015 | 2021

South Korea and China again achieved a decent order volume this week. In China, a US$1.56 billion container ship order was confirmed along with other deals including bulk carriers. A US$202 million gas carrier order was won in Korea while a US$306…

New Ships
08.04.2021

EDITORIAL NO 014 | 2021

The world shipbuilding market hardly saw a pause for the Easter holidays with brisk ordering continuing. Large deals were reported in China including for container ships won by several yards and bulk carriers. A big Chinese order for box carriers…

New Ships
01.04.2021

EDITORIAL NO 013 | 2021

The first cruise ship order since the COVID-19 pandemic was placed in Europe this week. Huge deals were reported again this week in the key shipbuilders China and South Korea. Chinese orders included initial deals for container ships worth US$3.2…

New Ships
25.03.2021

EDITORIAL NO 012 | 2021

After a relatively quiet period, Chinese yards were more successful in winning orders this week. Chinese deals included container ships, bulk carriers, chemical carriers and gas tankers. A major Asian shipping company confirmed plans for a US$2.6…