Editorials

EDITORIAL NO 003 | 2020

The German navy has awarded its largest naval vessel construction order ever to a Dutch yard, a controversial move after a European Union-wide tender aimed at reducing the price of the ships. German yards will undertake part of the work but will not...

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EDITORIAL NO 002 | 2020

The normally quiet shipbuilding market in early January saw some large deals reported. South Korea won major orders for gas carriers Italy ordered passenger ferries in China, while Chinese yards also won contracts including for chemical tankers and...

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EDITORIAL NO 001 | 2020

The usually quiet period between Christmas and the new year saw major shipbuilding orders placed both in the merchant and naval sectors. A cruise ship order was confirmed in Norway while a Croatian yard won a welcome deal for the hull of a cruise...

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EDITORIAL NO 051 | 2019

South Korea ended 2019 with some very large orders, including a welcome but rare deal for a large offshore platform. Observers say the outlook for Korean shipbuilders is likely to remain difficult in 2020 as increasing orders for the liquefied...

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EDITORIAL NO 050 | 2019

Environmental protection and increased use of liquefied natural gas (LNG) continued to be a shipbuilding theme this week. An LNG bunkering barge is planned in the Netherlands and such a bunkering barge was also ordered in China. China also won an...

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EDITORIAL NO 049 | 2019

A valuable and unusual order was reported this week for German yard to build an icebreaker for operation by a Russian state-owned company. One of the largest single naval shipbuilding orders in history was placed in the United States. Chinese yards...

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EDITORIAL NO 048 | 2019

The move towards use of environmentally friendly fuels continued to generate newbuilding orders this week. A South Korean yard won a massive US$1.5 billion order to build liquefied natural gas (LNG) carriers. Korean yards have been so successful in...

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EDITORIAL NO 047 | 2019

It was a good week for European yards, with a major deal for cruise ships reported in Italy, naval patrol vessels ordered in France and a frigate contract confirmed in Britain. Environmental protection continued to be a theme for new vessels ordered,...

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EDITORIAL NO 046 | 2019

Environmentally friendly shipping continued to be a major theme in orders this week. Poland won an order for a hybrid-battery powered ferry from Finland. A yard in Italy won a contract for bunkering vessel for liquefied natural gas (LNG). Major naval...

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EDITORIAL NO 045 | 2019

A major cruise ship order was announced in Germany this week, ending a relatively quiet period for large passenger vessel contracts. The cruise ships will have liquefied natural gas (LNG) propulsion, which was again the case with other vessels...

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EDITORIAL NO 044 | 2019

A successful week was reported for Japanese yards, with orders for bulk carriers and a tanker. South Korean orders focused on product carriers and tankers. Australia won a large contract for the design and construction of a high-speed catamaran ferry...

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EDITORIAL NO 043 | 2019

The recent trend towards nationalising troubled yards has taken a new twist as a Singapore-government company has made a takeover offer for the troubled rig building group Keppel. A restructuring of Keppel’s giant rig construction yards is expected....

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EDITORIAL NO 042 | 2019

South Korean yards achieved a remarkable success in the past week, winning huge orders in both the merchant shipping and the naval sector. South Korean merchant shipping orders included large container ships of 23,000 TEU, a VLCC, LNG carriers and...

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EDITORIAL NO 041 | 2019

Major orders for container ships were placed this week, ending a long period of slack contracts for large-size boxships. South Korean yards won separate orders for vessels of 23,000 TEU and 15,000 TEU worth together around US$2.4 billion. A mix of...

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EDITORIAL NO 040 | 2019

A wide spread of newbuilding orders was reported this week. China won contracts including very large bulk carriers and in the LNG carrier sector. A large gas carrier order is at last set to be placed in Russia after long discussions. Large...

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EDITORIAL NO 039 | 2019

Orders in China were more active this week after a quiet period, with contracts including large ferries from Europe plus LPG carriers, a bulk carrier and ultra large ethane carriers. South Korea won tanker orders. Moves towards protecting the climate...

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EDITORIAL NO 038 | 2019

Mainstream shipbuilding orders in China and South Korea were brisk this week. An order for ten very large container ships was confirmed to be divided among South Korea and China. Major orders for bulk carriers and product carriers were also reported...

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EDITORIAL NO 037 | 2019

Global moves to protect the environment by using liquefied natural gas (LNG) continued to generate more shipbuilding orders this week. A series of LNG carrier contracts were booked by yards in South Korea while liquefied petroleum gas (LPG) carriers...

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EDITORIAL NO 036 | 2019

Newbuilding activity was more active this week with large orders for bulk carriers placed in China. The continuing move towards liquefied natural gas (LNG) to protect the environment helped generate orders for gas carriers in South Korea. Korea also...

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EDITORIAL NO 035 | 2019

Efforts to improve maritime environmental protection again helped generate more shipbuilding orders this week. Energy-saving heavy-lift vessels were ordered separately by European and Japanese interests in China. South Korea won large orders for gas...

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EDITORIAL NO 034 | 2019

The very unusual step of taking an insolvent shipyard into state ownership was taken by the Scottish government, amid concerns that if European shipyards close they will never reopen again. Efforts also continued to save the financially troubled...

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EDITORIAL NO 033 | 2019

Slightly more merchant shipbuilding activity was seen this week despite the quiet summer period and the Eid holiday keeping buyers from Islamic countries from the shipbuilding market. Orders for a VLCC tanker and for liquified natural gas (LNG)...

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EDITORIAL NO 032 | 2019

Mainstream merchant shipbuilding orders in China and South Korea remained relatively slow this week, with continued uncertainty in the trade war between the United States and China restraining new investment decisions by ship owners. Gas carrier...

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EDITORIAL NO 031 | 2019

The relatively quiet summer period for merchant shipbuilding orders continued this week in both China and South Korea. Korean won some LPG and product carrier orders. A big order for an offshore windfarm installation vessel was placed in Japan. An...

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