South Korean president Mr Lee Jae Myung said Korea will deliver on promises to invest USD 150 billion to "Make America Shipbuilding Great Again" to avoid U.S. import tariffs during talks this week with U.S. president Mr Donald Trump. More details of…

Global markets continued this week to await news about a possible  U.S.-China trade deal, with investment decisions including in shipbuilding postponed, keeping new merchant ship orders at a depressed level. Chinese yards had a decent order flow, but…

Continued uncertainty about the U.S./China trade deal caused uncertainty in world markets this week, with some investments postponed as the Trump administration extended the trade truce with China for another 90 days. But Chinese yards again won…

Big new contracts for container ships were signalled this week with two European lines separately considering orders which could be worth together around USD 5.5 billion. Chinese yards had a good week with trade tensions with the United States…

South Korea has agreed a USD 150 billion dollar shipbuilding investment programme in the U.S. as part of a U.S./South Korea trade deal agreed this week. Chinese yards had an active week as the outcome of tariff talks between the U.S. and China in…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…