New Ships
28.09.2023

EDITORIAL NO 039 | 2023

South Korea won a massive shipbuilding deal this week following a quiet period with little new business for Korea. The country has landed a US$3.9 billion agreement to build a big series of liquefied natural gas (LNG) carriers for the Middle East.…

New Ships
21.09.2023

EDITORIAL NO 038 | 2023

It was another week in which China dominated global shipbuilding orders. Orders won by Chinese yards included product tankers for Europe, VLCC tankers for China, gas carriers for Japan and container feeder vessels for South Korea. Japan won orders…

New Ships
14.09.2023

EDITORIAL NO 037 | 2023

Chinese yards once again dominated new shipbuilding orders this week. Among the Chinese deals were methanol-ready bulk carriers, container ships, chemical tankers to be capable of zero-emissions, and product carriers. A new report estimates Chinese…

New Ships
07.09.2023

EDITORIAL NO 036 | 2023

Chinese yards continued their domination of global shipbuilding orders this week, with big new contracts won and more under negotiation. Chinese deals included very large ammonia carriers and car carriers with low emissions for Europe, while a USD…

New Ships
31.08.2023

EDITORIAL NO 035 | 2023

It was another week in which China dominated global shipbuilding orders: Hundreds of millions of dollars in contracts are said to be close to completion, and a number of orders were signed. Chinese shipyards are currently negotiating a USD 1 billion…

New Ships
24.08.2023

EDITORIAL NO 034 | 2023

Chinese shipyards continued to dominate global shipbuilding orders this week. Chinese orders include gas/ammonium carriers, liquefied natural gas (LNG) carriers, a VLCC oil tanker, other oil tankers, bulk carriers and product carriers. In addition,…

New Ships
17.08.2023

EDITORIAL NO 033 | 2023

The quiet summer period for shipbuilding orders was visible this week, with some exceptions. Chinese yards had another good week, with a range of vessel types ordered. China won a major order for car carriers from Europe. A South Korean shipping…

New Ships
10.08.2023

EDITORIAL NO 032 | 2023

Chinese shipyards continued their domination of global shipbuilding orders this week. Chinese deals included a USD 1.3 billion European order for dual-fuel container ships. European customers also placed orders for environmentally friendly freighters…

New Ships
03.08.2023

EDITORIAL NO 031 | 2023

Chinese shipyards continued to dominate global shipbuilding orders this week. Chinese orders or deals under negotiation included dual-fuel VLCC tankers, bulk carriers, general cargo vessels, tankers and product carriers. South Korea received orders…

New Ships
27.07.2023

EDITORIAL NO 030 | 2023

Chinese yards continued their recent strong run of success in winning new orders this week. Chinese yards won two separate contracts for VLCC tankers, the first in the supertanker sector for some time. Other Chinese orders included product carriers,…

New Ships
20.07.2023

EDITORIAL NO 029 | 2023

Chinese shipyards had a strong week in new orders, including car carriers for a European customer and supertankers for Europe, both with environmentally friendly design features. China also received orders for container ships and bulk carriers. South…

New Ships
13.07.2023

EDITORIAL NO 028 | 2023

South Korea and Japan shared a USD 5.04 billion order for container ships from Asia this week, again choosing methanol for dual-fuel propulsion to reduce pollution. South Korea and China received separate orders from Europe for gas tankers. In…

New Ships
06.07.2023

EDITORIAL NO 027 | 2023

South Korean shipyards had a remarkably successful week after a quiet period, receiving orders worth over USD 3 billion in the last few days. South Korean orders included an offshore production facility, gas and car carriers and tankers. Chinese…

New Ships
29.06.2023

EDITORIAL NO 026 | 2023

The week saw major orders for container ships that focused on environmentally friendly propulsion systems. China received orders from Europe for six 9,000 TEU container vessels that can run on green methanol and is in talks with another customer to…

New Ships
22.06.2023

EDITORIAL NO 025 | 2023

It was another very successful week for the Chinese shipyards. Chinese orders included large car carriers, tankers and bulk carriers. South Korea received orders for product tankers with methanol-ready propulsion. India received an unusual order from…

New Ships
15.06.2023

EDITORIAL NO 024 | 2023

It was another week of big gas tanker contracts. South Korea received an order for a liquefied natural gas (LNG) carrier worth USD 518.2 million from North America. China received orders worth around USD 123 million for liquefied petroleum gas (LPG)…

New Ships
08.06.2023

EDITORIAL NO 023 | 2023

After the numerous new orders China received in May, it was another busy week for Chinese shipyards. Chinese newbuilding business this week included feeder boxships with green propulsion, tankers and bulk carriers for several customers, including…

New Ships
01.06.2023

EDITORIAL NO 022 | 2023

It was another successful week for Chinese yards with orders in various shipping sectors. Chinese business included large environmentally friendly car carriers, gas carriers, oil tankers, long-range product carriers, multi-purpose freighters and bulk…

New Ships
25.05.2023

EDITORIAL NO 021 | 2023

South Korean yards had a good week, with new business reported for container ships for Asia and Europe along with contracts including product carriers and methanol carriers. Chinese yards continued their recent success this week, winning orders…

New Ships
17.05.2023

EDITORIAL NO 020 | 2023

Chinese shipyards had another excellent week, with large orders awarded or in the pipeline. China is close to winning an order for container ships worth over USD 1 billion from Europe. Orders reported from China this week included container ships,…

New Ships
11.05.2023

EDITORIAL NO 019 | 2023

Chinese yards had another successful week, with shipbuilding business including large gas carriers, tankers, ferries and bulk carriers. A European customer is in talks with yards in South Korea and China about building 24,000 TEU container ships with…

New Ships
04.05.2023

EDITORIAL NO 018 | 2023

Another large round of orders for liquefied natural gas (LNG) carriers was placed this week. South Korean shipyards were the main winners with orders worth around US$ 2 billion. Brokers report that shipping companies still expect that Russian gas…

New Ships
27.04.2023

EDITORIAL NO 017 | 2023

Chinese shipyards had another successful week with deals in tankers, product carriers, bulk carriers and offshore facilities, among others. In South Korea, a new floating nuclear power plant project was announced. Japan was awarded a large bulker…

New Ships
20.04.2023

EDITORIAL NO 016 | 2023

Gas tanker orders continued to take centre stage this week, but China rather than South Korea took the lead. A gas tanker order reported in China could be worth over US$ 400 million. Other Chinese orders this week included a large wind farm…