New Ships
13.03.2025

EDITORIAL NO 011 | 2025

The head of France’s largest shipping company said it plans to place orders in the United States for container ships, supporting President Mr Donald Trump’s campaign to revive commercial shipbuilding in the United States. Trump’s plans to counter the…

New Ships
06.03.2025

EDITORIAL NO 010 | 2025

U.S. President Mr Donald Trump told the U.S. Congress his government will create an office of shipbuilders in the White House to seek new expansion of U.S. shipbuilding. Trump also announced he will give special tax incentives to generate more orders…

New Ships
27.02.2025

EDITORIAL NO 009 | 2025

It was a relatively quiet week for newbuilding business but with an order worth over USD 1 billion set to be generated from South America, and U.S. President Trump planning action to limit the growing domination of Chinese yards. Brokers say a USD…

New Ships
20.02.2025

EDITORIAL NO 08 | 2025

China looks set to continue its recent success in the container ship sector with more reports this week the country is set to win a USD 2.5 billion container vessel order from Europe. Other Chinese newbuilding business this week included a USD 489…

New Ships
13.02.2025

EDITORIAL NO 07 | 2025

Chinese yards had an excellent week with major orders for container ships placed or being negotiated and a series of other contracts. Chinese and Korean yards shared a container ship order worth over USD 3.2 billion from an Asian customer. A European…

New Ships
06.02.2025

EDITORIAL NO 06 | 2025

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…

New Ships
29.01.2025

EDITORIAL NO 05 | 2025

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…

New Ships
22.01.2025

EDITORIAL NO 04 | 2025

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…

New Ships
16.01.2025

EDITORIAL NO 03 | 2025

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…

New Ships
09.01.2025

EDITORIAL NO 01-02 | 2025

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…

New Ships
19.12.2024

EDITORIAL NO 051 | 2024

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…

New Ships
12.12.2024

EDITORIAL NO 050 | 2024

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…

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
13.06.2024

EDITORIAL NO 024 | 2024

It was another week with strong flows of newbuilding orders in both China and South Korea. China’s contracts included a car carrier deal from an Asian customer worth almost USD 1 billion. Chinese yards also won two orders worth together over USD 800…

New Ships
06.06.2024

EDITORIAL NO 023 | 2024

Once more Chinese yards dominated world newbuilding orders this week with contracts running into billions of dollars won. Chinese business included a USD 1.3 billion container ship order set for Europe while product tanker orders worth USD 460 signed…

New Ships
30.05.2024

EDITORIAL NO 022 | 2024

It was another excellent week for Chinese yards. Among the Chinese newbuilding business reported were two separate deals worth USD 1.6 billion and USD 460 million for container ships, different orders for car carriers from Europe and Asia, plus other…

New Ships
23.05.2024

EDITORIAL NO 021 | 2024

Once again, it was Chinese yards which dominated world newbuilding orders this week. Chinese contracts included a USD 400 million wind farm installation vessel for Scandinavia, VLCC dual-fuel tankers, product carriers, methanol-ready heavy lift…

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…