The disruption to business in China from the coronavirus was again felt in the world shipbuilding market this week. With extended holidays and transport problems, personnel at some Chinese yards were absent. Some Chinese yards have warned customers scheduled to take deliveries of ships that force majeure may have to be declared. The general uncertainty about if the coronavirus will slow world economic growth also depressed the number of shipbuilding orders this week. Still, China received some orders for LNG carriers. South Korea won orders for e.g. product carriers and shuttle tankers. There were reports more icebreakers will be ordered in Russia while a Russian cruise ship project is also reported. Japan is being serious about its moves against alleged South Korean financial support for shipyards, opening the next stage of the World Trade Organisation complaint.

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Prospects & Orders

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St Petersburg wants a cruise liner for the Baltic Sea

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Inside Reports

13.02.2020

Coronavirus stops shipbuilding deliveries in China

New ship deliveries have been delayed as shipyards in China struggle...

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13.02.2020

Japan files WTO shipbuilding complaint against Korea

Japan has formally launched a second complaint at the World Trade...

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13.02.2020

Indonesia says its shipyard industry needs financial support

Indonesia’s shipbuilding industry needs additional financial support...

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13.02.2020

China won most world shipbuilding orders in January

Chinese yards won most global shipbuilding orders in January 2020,...

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13.02.2020

EU shipbuilding and transport associations support green deal

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13.02.2020

U.S. yard buys robotics company

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