Editorials

EDITORIAL NO 042 | 2021

A strong flow of newbuilding orders was again seen this week, especially in South Korea, where contracts totalling over US$2.6 billion were reported. Korean deals included container ships and tankers for Europe and unnamed customers along with gas…

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EDITORIAL NO 042 | 2021

A strong flow of newbuilding orders was again seen this week, especially in South Korea, where contracts totalling over US$2.6 billion were reported. Korean deals included container ships and tankers for Europe and unnamed customers along with gas…

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EDITORIAL NO 041 | 2021

A large volume of newbuilding orders were won by Asian yards this week despite the continuing holiday period in several key countries including South Korea. Environment-friendly vessel designs dominated again. Newbuilding orders in China included…

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EDITORIAL NO 040 | 2021

A good flow of orders was seen this week with high ocean shipping prices and the need for more environment-friendly vessels again generating new business. Qatar went to China for US$765 million worth of gas carriers. China also won an order from…

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EDITORIAL NO 039 | 2021

The surge in global container shipping continued to generate major new orders this week. China confirmed a contract worth over US$800 million for container vessels as the need for both fleet expansion and modernisation continued to drive new ship…

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EDITORIAL NO 038 | 2021

Booming world container shipping continues to generate new orders. Another huge container ship order is expected in China while Chinese yards also won contracts for feeder boxships. Other Chinese orders include bulk carriers and a hybrid bunker…

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EDITORIAL NO 037 | 2021

Green developments are at forefront of vessel orders. With London International Shipping Week (LISW) also happening which is seeing some interesting developments in the area of environmental submarines. Asia is still seeing large orders come through…

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EDITORIAL NO 036 | 2021

The market sees further progress with orders for more environmentally efficient ships. Europe has started to see an uptake in the systems for smaller vessels such as ferries and inland waterways. China and Korea are starting to see larger orders come…

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EDITORIAL NO 035 | 2021

The generally quiet summer period for newbuilding orders continued this week but Chinese and South Korean yards achieved some new business. Chinese deals included feeder boxships and talks with a European customer about a US$100 million container…

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EDITORIAL NO 034 | 2021

Shipyards in South Korea are facing a painful rise in steel prices just as a recovery in newbuilding orders has created hopes for better profits among shipbuilders. Yards in other countries are likely to face the same problem in the final months of…

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EDITORIAL NO 033 | 2021

Chinese yards won orders this week for vessels including feeder container ships and bulk carriers. Feeder container contracts were also reported for South Korea. A design and engineering tender for LNG production vessel was announced in Asia. The…

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EDITORIAL NO 032 | 2021

South Korea expanded in U.S. offshore oil and gas platform market with big order this week. This illustrates the determination of Korean yards to fill the gap in the offshore sector following the pullback by yards in Singapore, and also the recovery…

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EDITORIAL NO 031 | 2021

China won orders for container ships and tankers worth over US$1 billion this week, breaking the virtual monopoly held on LNG-powered boxships at South Korean yards. China’s other orders included container feeder ships and large bulk carriers. South…

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EDITORIAL NO 030 | 2021

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…

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EDITORIAL NO 029 | 2021

South Korean yards continued their recent order success this week, with contracts including liquefied natural gas carriers. Chinese yards won a large container ship deal while Japanese yards won orders including bulk carriers. An Asian shipowner is…

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EDITORIAL NO 028 | 2021

Moves to create more environmentally friendly shipping continued to simulate orders this week. China won contracts for a new type of low-pollution car carriers. Increased demand for gas carriers generated valuable contracts for South Korean yards.…

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EDITORIAL NO 027 | 2021

More container ship orders were reported this week as the recovery in the world economy continues to strengthen demand for container shipping. Chinese yards won orders for both larger container vessels of 7,000 TEU and smaller feeder ships. South…

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EDITORIAL NO 026 | 2021

Moves for more environmentally friendly shipping continued to stimulate newbuilding orders this week, with a new type of methanol-powered container ship contracted. Chinese yards won a series of valuable contracts this week, especially for very large…

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EDITORIAL NO 025 | 2021

South Korean yards continued their order success this week with billion dollar deals including in the container shipping and gas carrier sectors. Chinese yards also reported hefty orders including several container ship deals. Environmentally…

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EDITORIAL NO 024 | 2021

A week with public holidays in a series of Asian countries including China and South Korea reduced newbuilding activity. But China still reported container ship orders while South Korea won a US$1 billion offshore project. Japan clinched deals for…

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EDITORIAL NO 023 | 2021

South Korean yards continued their recent newbuilding success with deals including tankers and gas carriers. A US$1.5 billion container ship deal was reported in China. The need for more environmentally friendly shipping continues to generate orders,…

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EDITORIAL NO 022 | 2021

Huge newbuilding wins by South Korean yards continue, with the latest indications that Korean yards have won more contracts in the first five months of 2021 than in all of 2020. Over US$2.4 billion worth of Korean newbuilding orders were reported…

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EDITORIAL NO 021 | 2021

Record-high steel prices are holding back shipbuilding orders, as over 100 Chinese steel mills have raised prices. But Chinese and Korean yards still booked some decent contracts in the past week. European customers were behind orders for tankers and…

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EDITORIAL NO 020 | 2021

The naval sector was active this week, with a US$950 million naval vessel contract signed by an Arabian yard. Another Middle Eastern yard won a major export order from Asia. A contract for naval supply vessels is close to being awarded by a European…

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