The global coronavirus crisis continued to keep world shipbuilding orders at a low level this week. Continued uncertainty about the recession the world is facing because of the lockdowns and curfews imposed to combat coronavirus continue to delay decisions on new investments. But there were some newbuilding orders placed in China and South Korea as shipowners looked for bargains. Orders in China were reported for ships including multi-purpose vessels, bulk carriers and ore carriers. An order for a VLCC tanker was reported in South Korea. Japanese yards have agreed a new joint venture to face the intense competition from Chinese and Korean rivals.

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Prospects & Orders

02.04.2020

German design for Ecuador’s naval vessels

Ecuador-based shipbuilder Astinave has selected designs and a...

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02.04.2020

Car-passenger ferry laid down in Russia

Russian shipbuilding company Sudostroitelny Zavod in March laid down a...

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02.04.2020

Russian yard seeks fishing trawler design

Russian yard Shipbuilding & Shiprepair Technology Center (SSTC) said...

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02.04.2020

Chinese operator orders multi-purpose vessels

Chinese shipping company Hong Kong Ming Wah Shipping has ordered four...

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02.04.2020

Bulk carrier pair for Chinese customer

Brokers say Chinese yard Yangzijiang Shipbuilding has an order for two...

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02.04.2020

Chinese yard said to ink ore carrier deal

Brokers say China’s Qingdao Beihai Shipbuilding has a new order for...

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Inside Reports

02.04.2020

Two Japanese yards agree cooperation

Japanese shipbuilders Imabari Shipbuilding and Japan Marine United...

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02.04.2020

Plan for massive new Japanese shipbuilding group

The Japanese Government is considering a plan to merge the 15 largest...

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02.04.2020

South Korea denies it has subsidised yards

The South Korean Government has rejected the claim by Japan that Korea...

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02.04.2020

Fincantieri extends shipbuilding suspension

Italian yard group Fincantieri has decided to further extend the work...

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26.03.2020

German shipyard stops cruise ship construction

German yard MV Werften said it has suspended construction of cruise...

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26.03.2020

Coronavirus stops construction of Canadian naval vessels

Construction of the Canadian navy's new Arctic and offshore patrol...

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