Asian yards emerged from their holiday period this week with some large orders. South Korea won a billion-dollar order for liquefied natural gas (LNG) carriers. Chinese orders included bulk carriers and large offshore fish farming vessels. Zero-emission bunker tankers were ordered in Japan. A large offshore renewable energy order was placed in Singapore. The naval sector was active with an aircraft carrier plan moving forward in South Korea. Britain and Ukraine made progress with a large patrol vessel deal. British shipyards would be favoured for state shipbuilding contracts under Brexit plans being considered by the Government.

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Prospects & Orders

15.10.2020

Construction of sail-powered cargo ships to start

French yard Neopolia will start construction of two sail-powered cargo...

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15.10.2020

Lübeck orders fire-fighting vessel

The local Government authority in the German city of Lübeck has...

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15.10.2020

Plan to build naval vessels in cooperation with Britain

The Ukrainian Government will sign a memorandum of agreement with the...

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15.10.2020

Bulkers for Chinese finance firm

Brokers say Chinese leasing company SPDB Financial Leasing has ordered...

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15.10.2020

DSIC signs for constructing special fish farming vessels

Dalian Shipbuilding Industry Company (DSIC) has signed an initial...

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15.10.2020

Zero emission bunker tankers ordered

Japanese shipping company Asahi Tanker has placed an order for...

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Inside Reports

15.10.2020

Fears of big cost overruns on U.S. aircraft carrier construction

Fears are growing in the U.S. Navy that the cost targets of US$12.2...

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15.10.2020

British yards may get more state orders after Brexit

British shipyards would be favoured for state shipbuilding contracts...

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08.10.2020

Big German state financial aid for shipyard

Troubled eastern German yard MV Werften will receive financial aid of...

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08.10.2020

Lower profits expected for South Korean yards

The continued crisis in world shipbuilding orders is expected to...

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08.10.2020

Japan seeks environmentally friendly ship

Plans to develop a zero-emission ship have been announced by the...

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08.10.2020

New concept for container ship construction contract

A Japanese yard and a Japanese shipping group have agreed to introduce...

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