The global shipbuilding market remained active this week as the recovery in the global economy continues to underpin shipping demand. South Korea continued its recent order success with major gas carrier deals signed. European yards proved to be a partner for smaller vessels. In the naval sector, a US$6 billion naval vessel construction tender was issued. But despite the order surge, reports say rising raw materials costs are damaging yards’ profits.

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Prospects & Orders

29.07.2021

German Navy orders experimentation and test support ships

The German Federal Office of Bundeswehr Equipment, Information…

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29.07.2021

Speculative yard construction pays off with firm order

Italian yard Baglietto has an order for a superyacht of just under…

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29.07.2021

River-sea freighters contracted

Russian shipping company Volga Shipping has placed orders for four…

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29.07.2021

Siberian shipyard wins Arctic barge order

Russia’s Samus Shipbuilding and Shiprepair Yard (SSSY), based in the…

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29.07.2021

Tug needed for port of St Petersburg

Russian state-run port company Rosmorport has announced a tender for…

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29.07.2021

PTBs for HMS Prince of Wales

Diverse Marine shipyard has received an order for the construction of…

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Inside Reports

29.07.2021

High steel price to dent shipyard earnings

South Korean shipbuilders are expected to report only restrained…

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29.07.2021

US$100.5 million shareholding deal for Asian yard

China’s largest private shipyard group Yangzijiang Shipbuilding,…

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29.07.2021

Chinese yards increase capacity use

The global recovery in shipbuilding orders this year means Chinese…

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29.07.2021

Japanese yard ends merchant shipbuilding

Japanese yard Mitsui E&S Shipbuilding said it has withdrawn from…

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22.07.2021

Iran said to be building corvettes in expanded yard

Intelligence analysts say Iran has launched one of its new stealth…

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22.07.2021

Joint work on smart ship development

South Korean yards Samsung Heavy Industries has signed a cooperation…

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