Editorials

EDITORIAL NO 020 | 2022

The newbuilding market for LNG carriers again generated huge orders for South Korean yards this week. A US$910 million order from Asia was signed along with US$672 million deal for Africa. More details were also given of an Asian project set to…

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EDITORIAL NO 019 | 2022

South Korean yards were this week reported to have won a billion dollar order for 8,000-TEU container ships with gas propulsion. Chinese yards were also reported to be in talks about building 8,000-TEU container ships. Japanese yards had a successful…

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EDITORIAL NO 018 | 2022

Chinese yards achieved a brisk order intake this week with deals including container feeder ships, larger boxships, car carriers and gas carriers. South Korea won contracts for product carriers and Japan container ships. Alternative, environmentally…

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EDITORIAL NO 017 | 2022

European customers placed orders for gas carriers with South Korean yards this week, with belief the continuing war in Ukraine will turn Europe away from Russian gas imports for the long term. In China, a US$1.6 billion boxship order was reported…

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EDITORIAL NO 016 | 2022

South Korean yards continued their high order intake in the past week with deals including container ships, car carriers and gas carriers. Chinese orders included gas carriers in separate deals along with orders for bulk carriers. On the U.S. market,…

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EDITORIAL NO 015 | 2022

South Korean yards continued their strong start to the year with a series of large orders. Deals included container ships, product carriers and LNG carriers. South Korean shipbuilders won most merchant shipping newbuilding orders placed worldwide in…

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EDITORIAL NO 014 | 2022

Contracts of this week won by South Korean yards include a series of gas carriers, with one deal worth some US$449 million. A US$150 million contract relates to container ships for Europe. A US$380 million deal for gas carriers was also reported for…

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EDITORIAL NO 013 | 2022

South Korea continued its recent order success this week with a US$656 million container vessel deal for Asia. More details emerged of a US$20 billion container ship newbuilding plan with contracts set to be divided between yards in Korea and Japan.…

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EDITORIAL NO 012 | 2022

A large volume of orders was received by yards in Asia this week, often from undisclosed customers. In South Korea, deals included feeder container ships along with almost US$1 billion of orders of LNG carriers. China also won almost US$1 billion in…

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EDITORIAL NO 011 | 2022

Some large newbuilding orders were placed in Asia this week despite the continued global investment uncertainty caused by the fighting in Ukraine. A US$494 million contract for container ships with LNG propulsion was placed in South Korea with a…

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EDITORIAL NO 010 | 2022

The conflict in Ukraine continues to depress the global investment climate this week, but Chinese yards managed to win a series of newbuilding orders. Chinese contracts included container ships and gas carriers, while talks about further gas tanker…

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EDITORIAL NO 009 | 2022

The general uncertainty in the world economy following Russia’s invasion of Ukraine delayed new investment decisions this week, depressing the overall number of merchant shipbuilding orders. Several deals for container ships of varying sizes were…

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EDITORIAL NO 008 | 2022

China won orders including container ships and heavy-lift vessels this week. South Korea landed valuable gas tanker deals. In Europe, large ferry newbuilding projects in Spain and Italy are moving forward. The naval sector was active. Yards were…

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EDITORIAL NO 007 | 2022

Large upcoming orders for gas carriers were reported for South Korean and Chinese yards this week, with competition growing for available shipbuilding slots. Other orders in Korea included container ships for Europe. China reported a range of deals…

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EDITORIAL NO 006 | 2022

This week, large orders were reported by South Korean yards. Gas tankers worth US$448 million were contracted in Korea by a customer in Africa while a European shipping company also ordered container ships. RoRo vessels with fully electric propulsion…

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EDITORIAL NO 005 | 2022

The Lunar new year holiday period in Asia generally depressed the level of newbuilding activity in Asian yards this week, but billion dollar orders were placed in South Korea on Thursday as work resumed. Korean yards won major contracts including LNG…

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EDITORIAL NO 004 | 2022

Chinese yards had a busy week ahead of the Lunar new year holidays in Asia starting at the end of January. Chinese orders included vehicle carriers ready for zero-carbon emissions, container ships and bulk carriers. Talks about boxships were reported…

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EDITORIAL NO 003 | 2022

South Korean yards reported a strong order intake this week including container ships, chemical carriers and gas carriers. A US$1 billion project for boxship newbuildings was also reported in Asia. A European yard won an order for a new type of…

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EDITORIAL NO 002 | 2022

Sad news for European shipbuilding came this week with the insolvency declaration by one of Germany’s largest shipbuilding groups, threatening around 2,000 jobs. Asian newbuilding orders were active. Chinese yards won over US$1 billion of contracts…

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EDITORIAL NO 001 | 2022

Merchant newbuilding activity was relatively quiet in the usual lull between Christmas and the new year, but South Korean yards started 2022 with a series of orders worth over US$1.3 billion. South Korea won a US$203 million gas carrier order and…

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EDITORIAL NO 051 | 2021

Shipbuilding activity started to slow down this week in the leading Asian countries as the Christmas and new year holidays approached, but with exceptions. A Chinese yard signed shipbuilding deals worth US$1.9 billion with a series of customers. The…

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EDITORIAL NO 050 | 2021

Chinese orders this week included ammonia carriers and gas carriers, South Korea also won gas carrier business. The ferry sector saw a major order placed in Europe and announcement of a US$200 million newbuilding project in the United States. The…

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EDITORIAL NO 049 | 2021

Brisk orders continued in the leading Asian shipbuilding countries this week. South Korea’s deals included gas carriers, an offshore installation vessel, product carriers and container ships. China’s orders included dual-fuel gas carriers and…

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EDITORIAL NO 048 | 2021

Liquefied natural gas (LNG) carriers dominated orders in South Korea this week, with reports of deals involving customers including from Malaysia, Qatar and Greece. Chinese contracts included large orders for container ships and bulkers. Japan also…

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