New Ships
07.11.2024

EDITORIAL NO 045 | 2024

China continued to strengthen its firm grip on the world shipbuilding market this week. A European company placed a USD 4 billion container ship order in China, while a Singapore-based customer also booked container vessels. A Scandinavian customer…

New Ships
30.10.2024

EDITORIAL NO 044 | 2024

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…

New Ships
24.10.2024

EDITORIAL NO 043 | 2024

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…

New Ships
17.10.2024

EDITORIAL NO 042 | 2024

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…

New Ships
10.10.2024

EDITORIAL NO 041 | 2024

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…

New Ships
18.04.2024

EDITORIAL NO 016 | 2024

Chinese yards had another successful week. Chinese orders included a USD 274 million bulker order from Scandinavia, a USD 110.8 million deal for product carriers for Italy, heavy lift vessels for ultra-large cargo for the Netherlands, plus product…

New Ships
11.04.2024

EDITORIAL NO 015 | 2024

A major boost for European shipbuilding came this week with a cruise ship order expected to be worth up to EUR 9 billion, with vessels of up to 200,000 gross tons involved. A South Korean yard won a USD 466.4 million contract for ammonia carriers for…

New Ships
04.04.2024

EDITORIAL NO 014 | 2024

Gas carrier orders worth over USD 2.2 billion were won by South Korea this week, continuing the huge volume of newbuilding business generated by Qatar. Qatar was behind a series of orders for 19 liquefied natural gas (LNG) carriers ordered from…

New Ships
28.03.2024

EDITORIAL NO 013 | 2024

It was another week with a massive order for liquified natural gas (LNG) carriers, this time with a US$1.82 billion contract placed in South Korea. Yards in China had a good week. Tey won orders including car carriers with options for more, several…

New Ships
21.03.2024

EDITORIAL NO 012 | 2024

Chinese yards continued their successful run with a series of big orders this week. Chinese yards won deals including very large pure car truck carriers, bulk carriers, gas carriers, and product carriers. South Korea won a USD 372 million ammonia…

New Ships
14.03.2024

EDITORIAL NO 011 | 2024

Chinese yards had a busy week, with contracts including methanol-ready bulk carriers, gas carriers, heavy-lift multi-purpose freighters and sail-assisted oil tankers. South Korea won a US$524.9 million tanker order. U.S. President Joe Biden said his…

New Ships
07.03.2024

EDITORIAL NO 010 | 2024

South Korean yards had an excellent week for new business. Korean orders included a deal worth US$362.8 million for an offshore gas unit, believed to be for Europe. Qatar is believed to be behind a contract for twelve liquified natural gas (LNG)…

New Ships
29.02.2024

EDITORIAL NO 009 | 2024

South Korean yards had an excellent week for new orders, winning new business worth around USD 2 billion. The biggest Korean deal was an order worth over USD 1 billion for liquefied natural gas (LNG) carriers. Other Korean deals included car…

New Ships
22.02.2024

EDITORIAL NO 008 | 2024

Chinese yards ended the lunar new year holiday by winning a series of new orders. Chinese deals signed or under discussion included an ammonia-powered container ship for a European consortium, car carriers, container ships, and dual-fuel bulk…

New Ships
15.02.2024

EDITORIAL NO 007 | 2024

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.…

New Ships
08.02.2024

EDITORIAL NO 006 | 2024

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…

New Ships
01.02.2024

EDITORIAL NO 005 | 2024

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…

New Ships
25.01.2024

EDITORIAL NO 004 | 2024

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…

New Ships
18.01.2024

EDITORIAL NO 003 | 2024

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…

New Ships
11.01.2024

EDITORIAL NO 002 | 2024

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…

New Ships
04.01.2024

EDITORIAL NO 001 | 2024

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…

New Ships
21.12.2023

EDITORIAL NO 051 | 2023

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…

New Ships
14.12.2023

EDITORIAL NO 050 | 2023

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…

New Ships
07.12.2023

EDITORIAL NO 049 | 2023

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…