South Korea won a massive shipbuilding deal this week following a quiet period with little new business for Korea. The country has landed a US$3.9 billion agreement to build a big series of liquefied natural gas (LNG) carriers for the Middle East. China won a US$1 billion order from Europe for environmentally friendly container ships. Japan got tanker orders from Europe. A contract for environmentally friendly cruise ships was confirmed for a European yard while a Scandinavian yard also won a major order for a cable laying vessel.

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Prospects & Orders

21.09.2023

Green bulk carrier for Japan

Japanese shipping company Kambara Kisen has ordered a methanol-powered…

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21.09.2023

New Zealand seeks newbuildings to modernise naval fleet

New Zealand's Defence Ministry has issued a request for information to…

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21.09.2023

European company orders bulkers for 2025 delivery

According to brokers, the Chinese company Qingdao Beihai Shipbuilding…

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21.09.2023

Korean customer takes container feeder ships

The Chinese shipyard CSSC Huangpu Wenchong Shipbuilding has received…

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21.09.2023

Fuel barges for Indonesia

Chinese yard and engineering group Shandong Port Equipment Group has…

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21.09.2023

Another bulk carrier for European shipowner

Japan's Oshima Shipbuilding has received an order from a Greek…

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Inside Reports

28.09.2023

Dutch/British joint naval shipbuilding decision in 2024

The British and Dutch defence ministries are expected to make a…

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28.09.2023

Maritime industry explores nuclear power for ships

The maritime industry is exploring whether nuclear power can be used…

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28.09.2023

Approval to use part of German naval yard for civil offshore work

Converter platforms for the offshore wind power industry could be…

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28.09.2023

Germany takes closer look at sale of gas turbine division to China

The German Government is taking a closer look at the sale of…

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28.09.2023

Hyundai Global Service aims to raise US$1 billion in share issue

Hyundai Global Service, the marine services arm of South Korean…

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21.09.2023

Chinese yards speeding up LNG vessel construction

Chinese shipyards are sharply expanding their construction of…

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