The week saw a remarkable series of successes for Chinese yards with billions of dollars of new shipbuilding contracts signed. Greek shipowners were especially active during the Posidonia 2026 maritime trade fair, with a USD 1.38 billion VLCC order…

Chinese yards won a good flow of newbuilding business this week, especially from Greek and other European customers. Chinese business included a Greek tanker order worth up to USD 1.25 billion, heavy-lift freighters for Europe, crude oil tankers for…

Over USD 2.4 billion worth of gas carrier orders were placed in South Korea in the past week including for customers in Canada and Europe, with one ammonia carrier order alone worth USD 717 million. Korean yards also won orders including for VLCCs…

Continued failure of efforts to reach a United States/Iran peace deal again weighed on investment decisions this week, cutting overall world newbuilding orders. But a South Korean yard won contracts to build six container ships worth some USD 1.2…

Overall global newbuilding orders were quieter this week as progress was awaited on an Iran peace deal. Greek and other European customers dominated Chinese business. Chinese yards won deals including Greek orders for feeder container ships, bulk…

The shipbuilding market was in a wait-and-see mode this week as the U.S. and China were on Thursday set to discuss a possible trade deal which could mean the U.S. relaxing sanctions on Chinese-built ships. More orders were won by Chinese yards this…

It was yet another week with billion dollar container ship deals reported. China and South Korea are expected to share a USD 2.8 billion container ship contract from an Asian customer. South Korea is also tipped to win a separate order likely to be…

U.S./China trade tensions as the U.S. seeks to revive its shipbuilding industry resulted in both countries imposing punishing port fees on each other’s ships this week. China also imposed sanctions on a South Korean-owned U.S. yard, meaning no…

The Golden Week national holiday in China reduced overall Asian newbuilding activity, with Chinese yards set to return to full work next week. But Chinese yards still won orders despite the holidays with newbuilding business including parcel chemical…

European customers continued to return to Chinese yards this week as fears faded that the Trump Administration will impose port fees and other sanctions on Chinese-built ships, with a trade deal between China and the U.S. still possible. European…

It was yet another week with a billion dollar container ship order and other container vessel deals worth hundreds of millions of dollars. Plans by the Trump administration in the U.S. to impose fees on Chinese-built ships calling at U.S. ports from…

Chinese yards won more orders as another week passed without any significant news about a U.S./China trade deal while concern faded about possible U.S. fees and other sanctions on Chinese built ships in U.S. ports. Chinese orders this week included…

Massive multi-billion dollar container shipbuilding orders have been reported repeatedly this summer and this week was no exception. This time China is set to win a USD 1.1 billion order as a customer in Asia continues a huge newbuilding programme.…

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…