The coronavirus crisis continued to depress shipbuilding orders this week but there were some signs of light at the end of the tunnel. A big VLCC tanker order for South Korea is expected from Greece if a charter deal is confirmed. Russia is planning construction of ocean-going cruise ships. Governments are moving forward with newbuilding projects to help their yards. The German government announced a 200 million euro contract for a large multi-purpose emergency rescue and salvage vessel. The Dutch defence ministry has confirmed it will go forward with a project to construct frigates jointly with Belgium.

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Prospects & Orders

09.07.2020

Modernisation of cable layer

Finnish marine group Wärtsilä has a contract from Dubai-based...

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09.07.2020

Construction of French wind farm substation confirmed

A consortium around French yard Chantiers de l’Atlantique has received...

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09.07.2020

Germany orders another multi-purpose vessel

The German transport ministry says it has ordered one more...

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09.07.2020

The Netherlands confirm joint frigate construction with Belgium

The Dutch defence ministry has confirmed it will go forward with a...

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09.07.2020

Tug newbuildings planned for Brunei operation

Dutch towage group Kotug International plans newbuildings of three...

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09.07.2020

Concept for unmanned wind farm protection vessel

C-Job Naval Architects of the Netherlands have announced a new design...

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Inside Reports

09.07.2020

World 2020 shipbuilding orders fall on coronavirus crisis

World shipbuilding orders fell 42% on the year in the first half of...

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09.07.2020

German research into underwater vessels

German naval yard ThyssenKrupp Marine Systems has presented the...

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02.07.2020

Financial assistance for German cruise ship yard

German cruise ship builder MV Werften will receive 175 million euros...

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02.07.2020

South Korean yard cuts jobs

South Korea’s STX Offshore & Shipbuilding said it will reduce jobs...

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02.07.2020

HHI restructures after coronavirus slowdown

South Korean yard Hyundai Heavy Industries (HHI) said it will merge...

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02.07.2020

Investment grant for U.S./Australian yard

Australian yard Austal Limited said its U.S. yard has received an...

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