New Ships
05.12.2024

EDITORIAL NO 049 | 2024

China continued its remarkable grip on world merchant newbuilding orders this week with several billion dollars worth of contracts won. China won the main part of a 20-ship container ship order from Europe worth about USD 4 billion. One Chinese yard…

New Ships
28.11.2024

EDITORIAL NO 048 | 2024

It was the turn of South Korean yards to win multi-billion dollar newbuilding orders this week following a long period of Chinese domination of new shipbuilding business, but Chinese yards also won large deals. Two South Korean yards won separate…

New Ships
21.11.2024

EDITORIAL NO 047 | 2024

Chinese yards continued to hold a firm grip on world newbuilding contracts this week. Chinese orders included pure car and truck carriers, large ethanol carriers and bulk carriers. South Korean yards won large contracts including very large gas…

New Ships
14.11.2024

EDITORIAL NO 046 | 2024

Once again it was a week with multi-billion dollars worth of orders placed and Chinese yards booked major new business. Chinese yards won deals including a USD 795 million tanker order, large car carriers for Scandinavia along with separate contracts…

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
15.05.2024

EDITORIAL NO 020 | 2024

Chinese yards continued their domination of world shipbuilding orders this week. Chinese deals included a large series of chemical carriers, container ships, very large ethanol carriers, ammonia carriers and bulk carriers. A new report estimates…

New Ships
08.05.2024

EDITORIAL NO 019 | 2024

The week saw major gas carrier orders placed in South Korea. A European customer was believed to be behind a USD 540.3 million LNG carrier contract placed in Korea, while a commodity trading group ordered four medium gas carriers (MGC), which will be…

New Ships
02.05.2024

EDITORIAL NO 018 | 2024

It was a week with a massive USD 6 billion gas carrier order, with China winning what is likely to be the biggest single merchant shipbuilding contract this year. China again dominated world newbuilding orders in other sectors, winning contracts including for product carriers, feeder container ships, bulk carriers, chemical carriers, and heavy lift freighters. A USD 750 million LNG order for dual-fuel car carriers is planned in South Korea. In Europe, a major contract was placed for a new type of sail-powered cargo ship.

New Ships
25.04.2024

EDITORIAL NO 017 | 2024

Chinese yards continued their dominance of new shipbuilding orders this week. Chinese orders included oil tankers partly fuelled by ammonia, VLCC tankers, bulk carriers, and several contracts for product carriers from different customers in Europe…

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…