South Korean yards continued their remarkable run of success in early 2021 by signing orders worth about US$2 billion this week alone. VLCC oil tankers, gas carriers and petro chemical carriers were among the orders. More contracts are reported to be…

Very large orders were again reported in Asia this week as the global shipping industry recovers from the COVID-19 pandemic. Dual-fuel propulsion in new vessels remains a central requirement from customers. China won billions of dollars of contracts…

Bulk carriers and tankers were the main focus of newbuilding orders in China and South Korea this week. Another huge container ship order is seen to be close for South Korea. In Europe, specialist project cargo freighters were ordered while plans…

Newbuilding activity picked up this week as the Lunar New Year holiday period in Asia ended. South Korean yards are continuing their remarkable success, with hundreds of millions of dollars in orders from Asia, Europe, Africa reported this week.…

The lunar new year holiday in China, South Korea and elsewhere in Asia reduced newbuilding activity this week. But South Korean yards did report some substantial orders worth hundreds of millions of dollars including container ships and gas carriers.…

A healthy flow of new orders was seen in the biggest Asian shipbuilding countries this week. Billion-dollar orders for container ships and bulk carriers were reported in China. These included deals for 24,000-TEU container ships, among the biggest in…

A decent flow of orders continued this week in Asia with a series of individual contracts each worth over a hundred million dollars reported. China landed deals for a large series of dry cargo freighters from Europe while a major bulk carrier order…

A series of large orders valued in the hundreds of millions of dollars were reported this week in China, Japan and South Korea. Orders for feeder container ships were signed or are under negotiation in China. A large bulker order is also being…

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…

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.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…