It was Europe’s turn to win the biggest newbuilding order reported this week, with a EUR 9 billion contract for cruise ships awarded. Asian yards returned to work after the Lunar New Year holiday period with over USD 2 billion of orders reported. One…

The Lunar New Year holiday period in Asia this week reduced newbuilding activity in China and South Korea, but China still won substantial new business. Chinese orders this week included multi-purpose freighters, container ships, tankers, a cable…

Talks about multi-billion dollar container ship orders were reported in China and South Korea this week. A European customer is in negotiations with at least two Chinese yards about a USD 1.4 billion container ship contract. Meanwhile, a USD 2.71…

The global shipbuilding market continued into the new year with China dominating newbuilding orders as it had in 2024. Chinese deals this week included a USD 240 million container ship contract from China, while different customers in Europe ordered…

The world shipbuilding industry started the new year with the same pattern as seen in 2024, with Chinese yards dominating new orders but with South Korea getting some valuable business. Chinese yards won contracts including product carriers and…

Chinese yards continued their remarkable success in 2024 with more orders this week. Chinese contracts included a USD 240 million gas carrier deal plus general cargo vessels and bulk carriers. Pakistan is to build its first container ship in over 40…

It was another week with a multi-billion dollar order reported in China, as Chinese dominance of the world newbuilding market continued. This time a European customer is believed to have ordered container ships in China worth USD 2.34 billion. Other…

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…

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…

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…

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…

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…

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…

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…

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.

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…

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…

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…

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…

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…

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…

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…

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)…

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…