Editorials

EDITORIAL NO 008 | 2024

Chinese yards ended the lunar new year holiday by winning a series of new orders. Chinese deals signed or under discussion included an ammonia-powered container ship for a European consortium, car carriers, container ships, and dual-fuel bulk…

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EDITORIAL NO 007 | 2024

This week saw the first cruise ship order awarded by the Carnival Cruise Group for five years, with the contact placed in Germany. Carnival’s huge newbuilding programme had been stopped as the COVID-19 pandemic devastated the world cruise industry.…

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EDITORIAL NO 006 | 2024

It was a week with individual orders worth billions of dollars placed in South Korea and China. A South Korean yard won a giant USD 3.44 billion contract for gas carriers this week, continuing demand from the Middle East. A Chinese shipyard has…

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EDITORIAL NO 005 | 2024

Chinese yards again achieved strong orders this week. China’s deals included car carriers for separate customers in Europe and Singapore, methanol dual-fuel bulkers for the United States, while a container ship order was confirmed for Asia. South…

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EDITORIAL NO 004 | 2024

South Korean yards won major orders for ammonia carriers this week, while Korea is also tipped to win more liquified natural gas carriers from the Middle East. Talks about building 21 container ships were reported for a yard in Asia. China and Japan…

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EDITORIAL NO 003 | 2024

It was another excellent week for Chinese yards, while South Korea also won major business. Chinese orders included twelve methanol dual-fuel container ships, a US$2.4 billion gas tanker deal plus other contracts including bulk carriers, a bunker…

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EDITORIAL NO 002 | 2024

South Korean yards had a remarkable start to the new year, winning orders worth over US$2.1 billion this week. Korean orders included gas carriers for the Middle East worth US$954 million, product carriers from Asia worth US$716.3 million plus other…

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EDITORIAL NO 001 | 2024

Chinese shipyards again won most world newbuilding orders for large merchant ships in 2023, winning over double as many orders as South Korean yards. Chinese yards continued their success as the new year started. New orders reported for China this…

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EDITORIAL NO 051 | 2023

Chinese yards ended the year with another highly successful week of orders. Chinese deals signed or set to be agreed included container ships worth around US$1 billion for Europe. European customers were also behind contracts in China for a carbon…

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EDITORIAL NO 050 | 2023

The week was generally quieter for Asian shipyards following the recent surge in orders. Chinese shipyards received orders for bulk carriers from Turkey and China. A European shipyard received an order worth USD 200 million from Japan for an offshore…

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EDITORIAL NO 049 | 2023

It was another superb week for Chinese yards. Chinese shipbuilding orders included major deals for car carriers, a rare order for a VLCC tanker from Europe, plus gas carriers, bulk carriers, and tankers. South Korea won a USD 432.4 million deal for…

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EDITORIAL NO 048 | 2023

It was another strong week for Chinese yards, with orders won including tankers, bulk carriers, and product carriers. South Korean contracts included a USD 125.5 million ammonia carrier and for tankers. In the naval sector, European yards won orders…

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EDITORIAL NO 047 | 2023

Chinese shipyards had another remarkably successful week with new orders, and more deals are expected. China’s orders this week included large ethane carriers, tankers, ice-classed product carriers, and general cargo freighters. A huge USD 840…

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EDITORIAL NO 046 | 2023

Good news came for European cruise shipbuilding this week, with the first order placed for very large passenger cruise vessels since the Corona pandemic. A USD 2 billion boxship order was reported for China. Other Chinese deals included a large RoRo…

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EDITORIAL NO 045 | 2023

Chinese yards won major orders from European customers this week, including car carriers for Norway, product carriers for Greece, and tankers for an unnamed customer. A yard in India won a deal for freighters from customers in Germany and the…

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EDITORIAL NO 044 | 2023

South Korean shipyards have received orders for tankers and gas carriers this week, and another gas carrier order worth USD 1 billion is also on the horizon for Korean shipbuilders. In Asia, a major car carrier order is planned, expected to cost USD…

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EDITORIAL NO 043 | 2023

Chinese yards continued their domination of the global shipbuilding business this week. Orders won by Chinese yards included vehicle carriers for Europe, gas carriers for customers in Asia and Europe, product carriers for the U.S., and tankers for…

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EDITORIAL NO 042 | 2023

It was another active week for Chinese yards, with European customers dominating. A Belgian company ordered a VLCC tanker, and Greek customers took bulk carriers. A European yard won an order to build freighters with an environmentally friendly…

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EDITORIAL NO 041 | 2023

China continued its successful run of new orders this week, with deals including chemical tankers with methanol propulsion for the U.S. and multi-purpose freighters for Europe. Chinese shipyards won a remarkable 82% of the total orders for large…

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EDITORIAL NO 040 | 2023

The Golden Week and autumn public holidays in Asia slowed newbuilding activity this week, but Chinese yards won newbuilding business, especially from Europe. Chinese deals included feeder container ships for Germany, short-sea freighters for Norway,…

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EDITORIAL NO 039 | 2023

South Korea won a massive shipbuilding deal this week following a quiet period with little new business for Korea. The country has landed a US$3.9 billion agreement to build a big series of liquefied natural gas (LNG) carriers for the Middle East.…

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EDITORIAL NO 038 | 2023

It was another week in which China dominated global shipbuilding orders. Orders won by Chinese yards included product tankers for Europe, VLCC tankers for China, gas carriers for Japan and container feeder vessels for South Korea. Japan won orders…

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EDITORIAL NO 037 | 2023

Chinese yards once again dominated new shipbuilding orders this week. Among the Chinese deals were methanol-ready bulk carriers, container ships, chemical tankers to be capable of zero-emissions, and product carriers. A new report estimates Chinese…

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EDITORIAL NO 036 | 2023

Chinese yards continued their domination of global shipbuilding orders this week, with big new contracts won and more under negotiation. Chinese deals included very large ammonia carriers and car carriers with low emissions for Europe, while a USD…

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