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
07.11.2024

EDITORIAL NO 045 | 2024

China continued to strengthen its firm grip on the world shipbuilding market this week. A European company placed a USD 4 billion container ship order in China, while a Singapore-based customer also booked container vessels. A Scandinavian customer…

New Ships
30.10.2024

EDITORIAL NO 044 | 2024

A Chinese yard is believed to have won container ship orders worth up to USD 6.16 billion from two European shipping groups this week, continuing China’s remarkable success in winning major contracts in past months. But both South Korean and Chinese…

New Ships
24.10.2024

EDITORIAL NO 043 | 2024

It was yet another week in which Chinese yards dominated world merchant shipbuilding orders. A Chinese yard won a USD 900 million container ship contract, with the deal even placed in the Chinese currency, which some say illustrates the increasing…

New Ships
17.10.2024

EDITORIAL NO 042 | 2024

It was another fine week of success for Chinese yards. Chinese orders included a deal from a multi-national oil company for product carriers worth USD 480 million, while a customer in Abu Dhabi ordered ammonia carriers worth USD 250 million. Other…

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…