Europe won big orders for cruise ships this week, with the biggest deal reported in France and another large contract in Portugal. The French project also involves further cooperation between shipyard and owner to investigate sail-powered cruise vessels. The Portuguese order was for Arctic cruise ships. China won orders for vessels including unusual combined bulk carrier/container ships, heavy-lift vessels with LNG propulsion and tankers. There was a brisk order intake in South Korea, ranging from VLCC tankers, product carriers, and tankers. A new yard in Saudi Arabia won an order for drilling rigs. The changes in Europe’s shipbuilding sector continued with a Croatian group to buy a leading Norwegian shipyard.

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Prospects & Orders

23.01.2020

LOI to build floating hotels for World Cup

Finnish company ADMARES has signed a letter of intent (LOI) to build...

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23.01.2020

Further LNG-powered cruise ships ordered by MSC

Shipping company MSC Cruises has placed an order with France's...

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23.01.2020

Innovative power concepts for cruise vessels

Meanwhile, MSC Cruises and Chantiers de l’Atlantique also signed a...

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23.01.2020

Diving support vessels for France

France’s Merré Shipyard has an order from the French state defence...

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23.01.2020

Multi-purpose tug under construction

Dutch yard Neptune Marine is currently building another tug of type...

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23.01.2020

Portuguese shipyard to build polar cruise vessel

Portuguese yard West Sea/Estaleiros Navais has an order for four 9,300...

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Inside Reports

23.01.2020

Croatian group to buy Norwegian shipyard

The Croatian industrial group DIV Group said it has signed an...

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23.01.2020

International project to develop ammonia-powered ship

A South Korean shipbuilder and European engine maker are among major...

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23.01.2020

Huge Australian submarine project dropping behind schedule

Australia's US$35 billion submarine construction project with French...

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23.01.2020

China set to build larger naval vessels

China is expected to stop building its Type 056 corvettes of 1,300...

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16.01.2020

South Korea gives state aid to shipbuilding and other industries

The South Korean government will provide 1 trillion won ($864 million)...

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16.01.2020

Australia to design and build 7m-long research submarine

A three-year project to design and build a new type of 7m long...

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