New Ships
26.02.2026

EDITORIAL NO 09 | 2026

The Lunar New Year holiday period in China and elsewhere in Asia depressed overall newbuilding activity this week. But China did win an order worth up to USD 400 million for oil tankers from Europe along with a USD 119 million feeder container ship…

New Ships
19.02.2026

EDITORIAL NO 08 | 2026

The Lunar New Year holiday period in China and other Asian shipbuilding countries is likely to depress newbuilding activity in the next two weeks. But China continued to win most world shipbuilding contracts this week. European customers, especially…

New Ships
12.02.2026

EDITORIAL NO 07 | 2026

The week saw large orders placed in both China and South Korea, including big container ship and VLCC deals for European customers. Danish shipping group A.P. Moller-Maersk said it has ordered eight dual-fuel container vessels in China while another…

New Ships
05.02.2026

EDITORIAL NO 06 | 2026

It was a busy week for Chinese yards with large orders reported for a wide range of ship types. Chinese newbuilding business included a USD 490 million tanker order for Greece, two VLCCs for Norway, carbon dioxide carriers for charter to Norway,…

New Ships
29.01.2026

EDITORIAL NO 05 | 2026

A massive USD 1.47 billion container ship contract was won by Chinese yards this week, as China again dominated world newbuilding orders. Other Chinese business included a separate container ship order for Europe, RoRo ferries for Scandinavia, gas…

New Ships
22.01.2026

EDITORIAL NO 04 | 2026

The week saw large newbuilding orders won by China, South Korea, and – unusually – Brazil. Brazil’s state-owned energy group signed contracts worth USD 522 million with Brazilian yards for the construction of 41 vessels as part of government efforts…

New Ships
15.01.2026

EDITORIAL NO 03 | 2026

China continued to take a firm grip on merchant ship newbuilding orders this week, with new business worth multi-billion dollars won. Container ship orders worth USD 2.68 billion were announced for Chinese yards while a USD 880 million gas carrier…

New Ships
08.01.2026

EDITORIAL NO 01-02 | 2026

The year ended and the new year began with multi-billion dollar newbuilding contracts in both the merchant and naval sectors. A massive USD 1.03 billion gas carrier order started 2026 newbuilding business in Korea. Other Korean orders included USD…

New Ships
18.12.2025

EDITORIAL NO 051-052 | 2025

It was Germany’s turn to get the world’s largest merchant shipbuilding order reported this week with a cruise ship deal worth up to EUR 10 billion. But it was again China which dominated newbuilding contracts this week, with German customers also…

New Ships
11.12.2025

EDITORIAL NO 050 | 2025

China once again dominated world shipbuilding orders this week, winning a series of large contracts especially from Europe. China won a USD 7 billion contract to build 87 vessels of different types, an order from a Greek owner for container feeder…

New Ships
04.12.2025

EDITORIAL NO 049 | 2025

Chinese yards continued their domination of world shipbuilding orders this week, with European customers among those awarding new deals. Chinese business this week included a European order for VLCC tankers and container ships while an initial cruise…

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…