New Ships
24.07.2025

EDITORIAL NO 030 | 2025

President Donald Trump’s efforts to revive U.S. shipbuilding showed some results this week with a contract for an LNG carrier placed with a U.S. yard, the largest gas carrier ordered in the United States for about 45 years, although much vessel…

New Ships
17.07.2025

EDITORIAL NO 029 | 2025

Global shipbuilding orders remained at a relatively low level this week with uncertainty about the impact on world trade of import tariffs planned by the Trump administration in the U.S. causing investment decisions to be delayed. Chinese business…

New Ships
10.07.2025

EDITORIAL NO 028 | 2025

South Korean yards had an excellent week with over USD 1 billion of orders won. South Korea signed a USD 610.6 million contract to build container ships with options for repeat vessels which could bring the total order value later to USD 915.9…

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
05.12.2024

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
28.11.2024

EDITORIAL NO 048 | 2024

It was the turn of South Korean yards to win multi-billion dollar newbuilding orders this week following a long period of Chinese domination of new shipbuilding business, but Chinese yards also won large deals. Two South Korean yards won separate…

New Ships
21.11.2024

EDITORIAL NO 047 | 2024

Chinese yards continued to hold a firm grip on world newbuilding contracts this week. Chinese orders included pure car and truck carriers, large ethanol carriers and bulk carriers. South Korean yards won large contracts including very large gas…

New Ships
14.11.2024

EDITORIAL NO 046 | 2024

Once again it was a week with multi-billion dollars worth of orders placed and Chinese yards booked major new business. Chinese yards won deals including a USD 795 million tanker order, large car carriers for Scandinavia along with separate contracts…

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…