It was another superb week for Chinese yards. Chinese shipbuilding orders included major deals for car carriers, a rare order for a VLCC tanker from Europe, plus gas carriers, bulk carriers, and tankers. South Korea won a USD 432.4 million deal for ammonia carriers for Europe. According to a new report, Chinese shipyards have received the most orders for new ships so far in 2023, but demand for ships has fallen this year.