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…

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…

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…

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…

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)…

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…

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…

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…

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,…

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…

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…

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…

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…

China won a US$ 3.1 billion order to build 16 large container vessels for Europe this week, with environmentally friendly propulsion to be in focus for the ships. Chinese yards also won a series of other orders, including multi-purpose freighters,…

A South Korean yard won a US$ 517 million liquefied natural gas (LNG) carrier contract, continuing the recent LNG order surge. Product carriers were in strong demand this week, with large business for South Korea and China. China also won a car…

Orders for liquefied natural gas (LNG) again generated valuable business for Asian yards this week, with separate contracts worth around US$ 1 billion placed in South Korea and China. Chinese yards had another good week, with other newbuilding deals…

A yard in India won an unusual order this week for container feeder ships capable of zero emission sailings. Chinese yards had an active week, winning another large contract for car carriers and also good business for product carriers. South Korean…

This week saw a big return to gas carrier orders, with contracts worth hundreds of millions of dollars reported. South Korean yards won a series of separate orders for liquefied natural gas (LNG) carriers worth a combined total of over US$ 860…

European yards again won orders for offshore wind farm vessels this week, with newbuilding deals reported in Norway and Spain. Chinese orders also included a wind farm installation vessel along with bulk carriers. Japan won a US$ 135 million boxship…

Major orders for gas carriers came again this week, and more deals are in the pipeline as the war in Ukraine continues to alter global flows of gas imports.

South Korea won a US$ 765 million order for LNG carriers and a US$ 180 million chemical…

It was another week with large placed orders for gas carriers. South Korea won two separate contracts both worth close to US$200 million from customers in the Middle East and Europe. Chinese newbuilding deals included methanol-ready bulk carriers and…

The continued concern about slack growth in the world economy are still keeping newbuilding orders well below volumes seen this time last year as investment decisions were postponed. But some big business was seen in the container ship sector. South…

Newbuilding activity remained sluggish overall this week as investment was held back due to uncertainty over the global economy. According to new figures, global commercial shipbuilding orders in January 2023 were down 63% compared to January 2022.…

This was another week with major business for liquefied natural gas (LNG) and other gas carriers. South Korea won a US$496.3 million contract for LNG carriers believed to be from a Japanese customer. A new concept of a gas carrier with green fuel…