The coronavirus crisis continued to depress shipbuilding orders this week but there were some signs of light at the end of the tunnel. A big VLCC tanker order for South Korea is expected from Greece if a charter deal is confirmed. Russia is planning construction of ocean-going cruise ships. Governments are moving forward with newbuilding projects to help their yards. The German government announced a 200 million euro contract for a large multi-purpose emergency rescue and salvage vessel. The Dutch defence ministry has confirmed it will go forward with a project to construct frigates jointly with Belgium.