New Ships
03.07.2025

EDITORIAL NO 027 | 2025

Chinese yards had a very successful week as the trade dispute between China and the United States continues to cool. European customers, especially Greeks, ordered heavily in South Korea and China. In China, a European container ship order worth up…

New Ships
26.06.2025

EDITORIAL NO 026 | 2025

Chinese yards won more business from European customers this week as the threat of U.S. financial sanctions on Chinese-built ships faded. European orders in China this week included a series of six tankers, one order for eight container ships and two…

New Ships
19.06.2025

EDITORIAL NO 025 | 2025

The trade war between the U.S. and China remained quiet this week and Chinese yards again started winning more export orders despite the threat of extra fees for Chinese-built ships calling at U.S. ports. A Scandinavian customer ordered container…

New Ships
12.06.2025

EDITORIAL NO 024 | 2025

South Korea won a massive USD 1.76 billion order for dual-fuel container ships this week while a major deal for a VLCC tanker was also reported for Korea. Korean and Chinese yards are in talks about building more VLCC tankers for different…

New Ships
05.06.2025

EDITORIAL NO 023 | 2025

It was again a relatively quiet week for orders worldwide, as shipping companies awaited more news about the Trump administration’s import tariffs and plans to impose punishing fees on Chinese-built ships calling at U.S. ports. A European customer…

New Ships
29.05.2025

EDITORIAL NO 022 | 2025

The market focus this week was again on the impact of plans by the Trump administration to impose fees on Chinese-built ships in U.S. ports to generate more orders for U.S. yards. A USD 2.6 billion container ship order is likely to be placed in South…

New Ships
21.05.2025

EDITORIAL NO 021 | 2025

More Chinese orders were reported this week after the Trump administration in the United States paused its wider import tariffs against China and scaled back its planned fees on Chinese built ships calling at U.S. ports. Chinese deals this week…

New Ships
15.05.2025

EDITORIAL NO 020 | 2025

Chinese yards won most newbuilding orders placed worldwide for large merchant ships in April this year after a sharp fall in March after the Trump government announced plans aimed at transferring newbuilding orders from Chinese to U.S. yards. Large…

New Ships
08.05.2025

EDITORIAL NO 019 | 2025

Global investment uncertainty generated by the U.S. trade wars continued to depress world shipbuilding orders this week, with new contracts again well below levels in recent months. But the first talks on trade planned by the U.S. and China in…

New Ships
30.04.2025

EDITORIAL NO 018 | 2025

This week saw multi-billion-dollar orders placed in South Korea as the Trump administration’s sanctions on Chinese-built ships continued to transfer newbuilding business away from Chinese yards. A European customer ordered 18 container ships in South…

New Ships
24.04.2025

EDITORIAL NO 017 | 2025

Global newbuilding orders were again at a low level this week following the Easter holiday in many countries and because of general economic uncertainty. Brokers said concern about the import tariffs from the Trump Government in the U.S. along with…

New Ships
17.04.2025

EDITORIAL NO 016 | 2025

The global economic uncertainty following the U.S. import tariff storm caused an investment reduction which is also hitting shipbuilding. Brokers say this uncertainty caused a sharp fall in world newbuilding orders, especially in China but also in…

New Ships
10.04.2025

EDITORIAL NO 015 | 2025

U.S. President Mr Donald Trump has signed an executive order aimed at reviving U.S. shipbuilding by placing fees on Chinese-built ships calling at U.S. ports with lines also paying fees if they have ordered ships at Chinese yards. But details have…

New Ships
03.04.2025

EDITORIAL NO 014 | 2025

Concern about efforts by U.S. President Mr Donald Trump to promote U.S. shipbuilding using punishing tariffs on Chinese-built ships again depressed China’s newbuilding orders this week. The first reports of a U.S. customer cancelling shipbuilding…

New Ships
27.03.2025

EDITORIAL NO 013 | 2025

President Mr Donald Trump's plan to revive the U.S. shipbuilding industry with proposed fees on Chinese-built vessels calling at U.S. ports continued to depress Chinese shipbuilding orders this week. To completely avoid the planned U.S. fees,…

New Ships
20.03.2025

EDITORIAL NO 012 | 2025

Brokers say Chinese yards are suffering from the uncertainty caused by President Mr Donald Trump’s plans to counter China’s domination of world shipbuilding by imposing financial penalties on Chinese-built ships calling at U.S. ports. The interest…

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
01.08.2024

EDITORIAL NO 031 | 2024

Chinese yards had a steady flow of orders this week, with European customers behind large parts of the business. Chinese contracts included more chemical tankers for a German owner, another vehicle carrier for a Scandinavian shipping company, and a…

New Ships
25.07.2024

EDITORIAL NO 030 | 2024

The week saw multi-billion dollar newbuilding orders placed, with Europe also getting one of the giant deals. China won a USD 1.9 billion gas carrier contract for a customer in the Middle East Gulf. A European yard has signed an order worth around…