South Korean yards achieved a remarkable success in the past week, winning huge orders in both the merchant shipping and the naval sector. South Korean merchant shipping orders included large container ships of 23,000 TEU, a VLCC, LNG carriers and product carriers. Naval orders for a destroyer and submarine were reported in Korea. In Europe, France was reported to be set to win an order for frigates in an inter-government deal without a tender being issued. A massive order for LNG carriers for Qatar was said to be close. Despite the strong South Korean performance last week, Chinese yards won the most global orders placed in September.

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Prospects & Orders

17.10.2019

RoRo newbuildings reportedly planned

Unconfirmed reports say Belgian ferry operator Cobelfret (CLdN) plans...

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17.10.2019

Greek frigate letter of intent

France has signed a letter of intent with Greece to build two frigates...

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17.10.2019

New vessel for space rocket transport with sail-power

French marine architect VPLP has developed a new type of 121m-long...

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17.10.2019

New superyacht design announced

German yard Lloyd Werft Bremerhaven has announced a new design for a...

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17.10.2019

New concept for hydrogen-powered super yacht

Dutch marine architects Sinot Yacht Architecture & Design has...

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17.10.2019

New coastal patrol vessel design

Norwegian group Kongsberg Gruppen ASA has announced a new naval/civil...

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Inside Reports

17.10.2019

China wins most shipbuilding orders in September

Chinese yards won the most merchant shipbuilding orders placed...

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17.10.2019

Turkish naval vessel deal for India under question

A US$2.3 billion deal between India and Turkey to build fleet support...

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10.10.2019

Scottish yard to be nationalised for long term

The yard Ferguson Marine in Scotland is to be nationalised for the...

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10.10.2019

More strikes feared at South Korea’s largest yard

South Korea’s largest yard Hyundai Heavy Industries is likely to face...

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10.10.2019

Offers expected to purchase shipyard in Philippines

A consortium comprising Australian shipbuilder Austal Ltd and U.S....

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10.10.2019

Approval for new sail system for cargo vessels

Japanese yard Oshima Shipbuilding and Japanese shipping group Mitsui...

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