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
10.10.2024

EDITORIAL NO 041 | 2024

China once more dominated the world's newbuilding market this week. A European shipping group is set to place a container ship order with Chinese yards expected to be worth USD 5.25 billion. Other Chinese orders this week included a USD 300 million…

New Ships
01.10.2024

EDITORIAL NO 040 | 2024

The Golden Week holiday in China and public holidays in South Korea reduced newbuilding activity this week although both countries still won valuable orders. South Korean deals included a USD 513.2 million container ship order from Asia and a USD 212…

New Ships
26.09.2024

EDITORIAL NO 039 | 2024

China continued its domination of global merchant shipbuilding markets this week with deals worth well over USD 3 billion reported. Chinese business included a USD 2 billion container ship deal with Europe and two separate oil and chemical tanker…

New Ships
19.09.2024

EDITORIAL NO 038 | 2024

It was another week with a multi-billion dollar order placed with a Chinese yard, this time worth up to USD 2.2 billion for a floating LNG production (FLNG) vessel. Other Chinese orders included product tankers for Germany and Turkey, plus…

New Ships
12.09.2024

EDITORIAL NO 037 | 2024

China once again dominated world newbuilding orders this week, with contracts including a huge deal to build six ultra-large LNG carriers, believed to be the largest of their type in the world. Other Chinese business this week included a USD 509.3…

New Ships
05.09.2024

EDITORIAL NO 036 | 2024

It was another week with Chinese yards dominating world merchant shipbuilding orders, with Chinese deals or expected orders totalling over USD 12.5 billion reported. Chinese business included an expected USD 6.6 billion container ship order from…

New Ships
29.08.2024

EDITORIAL NO 035 | 2024

Chinese yards continued their dominance of world newbuilding business this week with a series of valuable contracts. Chinese deals included six ultra-large ethane carriers for an Asian customer, while European customers ordered product carriers, gas…

New Ships
22.08.2024

EDITORIAL NO 034 | 2024

The week again saw very large contracts placed in China. Chinese yards won two separate orders, one for tankers and one for container ships, each worth close to USD 1 billion. Other Chinese orders included large gas carriers, product carriers and…

New Ships
15.08.2024

EDITORIAL NO 033 | 2024

It was another week with multi-billion dollar orders for container ships. A European customer ordered twelve dual-fuel 19,000 TEU container vessels in China. A USD 2 billion container ship order was placed in Taiwan, perhaps signalling an expansion…

New Ships
08.08.2024

EDITORIAL NO 032 | 2024

Chinese yards continued their firm grip on new world shipbuilding orders this week. China won a USD 1.2 billion gas carrier deal for Singapore and a USD 200 million chemical tanker contract for Vietnam. The other Chinese businesses included bulk…

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…

New Ships
18.07.2024

EDITORIAL NO 029 | 2024

South Korea won a huge order this week worth USD 2.67 billion from Europe for twelve container ships. A European shipping company is also expected to separately announce a major contract for container ships in the coming weeks. Chinese yards won a…

New Ships
11.07.2024

EDITORIAL NO 028 | 2024

Chinese yards continued their remarkable success in the container ship market with orders worth over USD 4.2 billion won this week, with USD 3.7 billion of the deals going to one yard alone. Other Chinese contracts included large 325,000dwt bulk…

New Ships
04.07.2024

EDITORIAL NO 027 | 2024

It was a week with multi-billion-dollar orders placed both in Asia and Europe. South Korea won a USD 2.5 billion order for gas carriers from the United Arab Emirates and a USD 521.1 million tanker deal from Africa. A yard in Europe won contracts…

New Ships
27.06.2024

EDITORIAL NO 026 | 2024

Chinese yards again had a successful week. New Chinese orders included product carriers and tankers for Europe, offshore vessels for a Scandinavian customer, bulk carriers, and a USD 963 million floating LNG facility for Malaysia. A German shipping…

New Ships
20.06.2024

EDITORIAL NO 025 | 2024

China kept its firm grip on newbuilding orders this week, with over USD 1 billion worth of orders reported. Chinese deals included container ships worth almost USD 600 million for Europe and large bulk carriers worth USD 606.75 million for Asia. A…

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…