New Ships
21.01.2021

EDITORIAL NO 003 | 2021

A decent flow of orders was reported as placed or under discussion in China and South Korea this week with gas carriers and environmentally friendly vessels again leading the way. Market talk included a US$300 million gas carrier deal set to be…

New Ships
14.01.2021

EDITORIAL NO 002 | 2021

Brisk newbuilding order activity was again seen this week, although not at the unusually high level seen at the end of December. South Korea reported orders worth hundreds of millions of dollars including gas carriers, product carriers and tankers.…

New Ships
07.01.2021

EDITORIAL NO 001 | 2021

An end-of-the-year/early-new-year surge in newbuilding orders worth billions of dollars was seen. Chinese yards won orders for vessels including mega container ships, feeder container ships and tankers. South Korean yards won a billion dollar deal…

New Ships
17.12.2020

EDITORIAL NO 051 | 2020

Asian yards were able to book some large year-end newbuilding orders this week. South Korea reported large orders including VLCC tankers and gas carriers. A US$2.3 billion Chinese offshore wind project was also reported. Chinese yards also got…

New Ships
10.12.2020

EDITORIAL NO 050 | 2020

Some very large orders were placed or indicated this week as the year nears its close. Chinese shipping interests are ordering container ships while a major contract for VLCC tankers is also expected to be placed in China. Chinese yards also won bulk…

New Ships
03.12.2020

EDITORIAL NO 049 | 2020

China won a series of container ship orders this week, with some shipping companies expecting container demand to recover quickly. South Korean orders included contracts in the liquefied natural gas (LNG) carrier and oil tanker sectors. A troubled…

New Ships
26.11.2020

EDITORIAL NO 048 | 2020

A mix of orders were reported by Asian yards this week. South Korea won contracts for gas carriers and also a multi-billion deal for vessel sections. China won contracts for container ships and tankers. New crewless offshore support vessels were…

New Ships
19.11.2020

EDITORIAL NO 047 | 2020

Newbuilding orders worth hundreds of millions of dollars were placed this week, with South Korea the main winner. Big contracts were placed in South Korea including for VLCC oil tankers, container ships and tankers. Lower newbuilding prices seem to…

New Ships
12.11.2020

EDITORIAL NO 046 | 2020

More ordering activity was seen this week with some large deals reported in Asia. Orders placed in China included very large gas carriers, dual-fuel bulk carriers and conventional bulk carriers. South Korea won deals including VLCC tankers and…

New Ships
05.11.2020

EDITORIAL NO 045 | 2020

Some major orders were placed this week as shipping companies took advantage of low prices. China won a US$1.1 billion order for very large container ships. South Korea won orders for liquefied natural gas (LNG) carriers. A South American cruise ship…

New Ships
29.10.2020

EDITORIAL NO 044 | 2020

The economic uncertainty facing the world depressed the general number of new merchant shipbuilding orders this week. But South Korea won large contracts for VLCC tankers and chemical/gas carriers. China won tanker orders. Plans for nuclear-powered…

New Ships
22.10.2020

EDITORIAL NO 043 | 2020

A mixed bag of orders was reported this week despite the continued economic slowdown. Finland won a contract for a luxury expedition cruise vessel. Orders for petrochemical carriers and gas carriers with dual fuel were placed in South Korea. Big…

New Ships
15.10.2020

EDITORIAL NO 042 | 2020

Asian yards emerged from their holiday period this week with some large orders. South Korea won a billion-dollar order for liquefied natural gas (LNG) carriers. Chinese orders included bulk carriers and large offshore fish farming vessels.…

New Ships
08.10.2020

EDITORIAL NO 041 | 2020

Public holidays in China and South Korea helped reduce shipyard activity this week. But South Korea won orders including liquefied petroleum gas carriers. A yard in the Netherlands won a contract for a coastal freighter with hybrid power. In the…

New Ships
01.10.2020

EDITORIAL NO 040 | 2020

Low prices available from yards helped generate some major newbuilding orders this week with talks about other deals reported. Greek interests are said to be behind a US$359 million order for tankers placed in South Korea. Chinese shipyards are in…

New Ships
24.09.2020

EDITORIAL NO 039 | 2020

Chinese yards again dominated merchant shipbuilding orders and negotiations this week. Talks were reported about a large VLCC order while contracts were placed in China for vessels including bulk carriers and tankers. A leading European bulk carrier…

New Ships
17.09.2020

EDITORIAL NO 038 | 2020

Chinese yards won a series of orders this week for vessels including container ships, gas carriers and offshore platforms, although customers in China itself dominated. But Chinese shipbuilders did win orders for container ships from Taiwan. Deals in…

New Ships
10.09.2020

EDITORIAL NO 037 | 2020

A huge and long-awaited order for liquefied natural gas (LNG) tankers for operation in Russian Arctic waters was confirmed this week, with indications more newbuilding contracts could be on the way. Chinese yards won a decent number of orders, but as…

New Ships
03.09.2020

EDITORIAL NO 036 | 2020

A more active level of orders was seen in Asia this week. Six 1,800-TEU feeder container ships were ordered in China with options for six more. Chinese yards also won orders for tankers, bulk carriers and chemical tankers. South Korean yards won…

New Ships
27.08.2020

EDITORIAL NO 035 | 2020

Low prices on offer by shipyards during the current economic slowdown helped to generate some large orders this week. South Korean yards won contracts for gas carriers from China worth US$440 million. Korean yards also won orders from Saudi Arabia…

New Ships
20.08.2020

EDITORIAL NO 034 | 2020

The coronavirus crisis continues to cause tough times for global shipbuilding, although regular orders continue to be placed. South Korea won a US$372 million order to build two liquefied natural gas (LNG) carriers. Japan won a large deal for…

New Ships
13.08.2020

EDITORIAL NO 033 | 2020

The slowdown in the world economy in the coronavirus crisis continued to burden the shipbuilding market this week. Chinese yards won orders including bulk carriers, a liquefied petroleum gas (LPG) carrier and inland waterways vessels. Russia revealed…

New Ships
06.08.2020

EDITORIAL NO 032 | 2020

Shipbuilding markets were more active this week after the long-depressed period caused by the coronavirus crisis. South Korean yards won orders worth US$746.2 million for four liquefied natural gas (LNG) carriers. Korean yards also won orders…

New Ships
30.07.2020

EDITORIAL NO 031 | 2020

The world economic slowdown again depressed newbuilding orders this week. South Korean won contracts for medium-range product tankers and an environmentally friendly ferry. Chinese yards won a series of orders mostly for smaller vessels including…