Editorials

EDITORIAL NO 014 | 2021

The world shipbuilding market hardly saw a pause for the Easter holidays with brisk ordering continuing. Large deals were reported in China including for container ships won by several yards and bulk carriers. A big Chinese order for box carriers…

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EDITORIAL NO 013 | 2021

The first cruise ship order since the COVID-19 pandemic was placed in Europe this week. Huge deals were reported again this week in the key shipbuilders China and South Korea. Chinese orders included initial deals for container ships worth US$3.2…

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EDITORIAL NO 012 | 2021

After a relatively quiet period, Chinese yards were more successful in winning orders this week. Chinese deals included container ships, bulk carriers, chemical carriers and gas tankers. A major Asian shipping company confirmed plans for a US$2.6…

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EDITORIAL NO 011 | 2021

South Korean yards continued their remarkable run of success in early 2021 by signing orders worth about US$2 billion this week alone. VLCC oil tankers, gas carriers and petro chemical carriers were among the orders. More contracts are reported to be…

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EDITORIAL NO 010 | 2021

Very large orders were again reported in Asia this week as the global shipping industry recovers from the COVID-19 pandemic. Dual-fuel propulsion in new vessels remains a central requirement from customers. China won billions of dollars of contracts…

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EDITORIAL NO 009 | 2021

Bulk carriers and tankers were the main focus of newbuilding orders in China and South Korea this week. Another huge container ship order is seen to be close for South Korea. In Europe, specialist project cargo freighters were ordered while plans…

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EDITORIAL NO 008 | 2021

Newbuilding activity picked up this week as the Lunar New Year holiday period in Asia ended. South Korean yards are continuing their remarkable success, with hundreds of millions of dollars in orders from Asia, Europe, Africa reported this week.…

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EDITORIAL NO 007 | 2021

The lunar new year holiday in China, South Korea and elsewhere in Asia reduced newbuilding activity this week. But South Korean yards did report some substantial orders worth hundreds of millions of dollars including container ships and gas carriers.…

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EDITORIAL NO 006 | 2021

A healthy flow of new orders was seen in the biggest Asian shipbuilding countries this week. Billion-dollar orders for container ships and bulk carriers were reported in China. These included deals for 24,000-TEU container ships, among the biggest in…

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EDITORIAL NO 005 | 2021

A decent flow of orders continued this week in Asia with a series of individual contracts each worth over a hundred million dollars reported. China landed deals for a large series of dry cargo freighters from Europe while a major bulk carrier order…

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EDITORIAL NO 004 | 2021

A series of large orders valued in the hundreds of millions of dollars were reported this week in China, Japan and South Korea. Orders for feeder container ships were signed or are under negotiation in China. A large bulker order is also being…

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EDITORIAL NO 003 | 2021

A decent flow of orders was reported as placed or under discussion in China and South Korea this week with gas carriers and environmentally friendly vessels again leading the way. Market talk included a US$300 million gas carrier deal set to be…

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EDITORIAL NO 002 | 2021

Brisk newbuilding order activity was again seen this week, although not at the unusually high level seen at the end of December. South Korea reported orders worth hundreds of millions of dollars including gas carriers, product carriers and tankers.…

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EDITORIAL NO 001 | 2021

An end-of-the-year/early-new-year surge in newbuilding orders worth billions of dollars was seen. Chinese yards won orders for vessels including mega container ships, feeder container ships and tankers. South Korean yards won a billion dollar deal…

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EDITORIAL NO 051 | 2020

Asian yards were able to book some large year-end newbuilding orders this week. South Korea reported large orders including VLCC tankers and gas carriers. A US$2.3 billion Chinese offshore wind project was also reported. Chinese yards also got…

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EDITORIAL NO 050 | 2020

Some very large orders were placed or indicated this week as the year nears its close. Chinese shipping interests are ordering container ships while a major contract for VLCC tankers is also expected to be placed in China. Chinese yards also won bulk…

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EDITORIAL NO 049 | 2020

China won a series of container ship orders this week, with some shipping companies expecting container demand to recover quickly. South Korean orders included contracts in the liquefied natural gas (LNG) carrier and oil tanker sectors. A troubled…

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EDITORIAL NO 048 | 2020

A mix of orders were reported by Asian yards this week. South Korea won contracts for gas carriers and also a multi-billion deal for vessel sections. China won contracts for container ships and tankers. New crewless offshore support vessels were…

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EDITORIAL NO 047 | 2020

Newbuilding orders worth hundreds of millions of dollars were placed this week, with South Korea the main winner. Big contracts were placed in South Korea including for VLCC oil tankers, container ships and tankers. Lower newbuilding prices seem to…

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EDITORIAL NO 046 | 2020

More ordering activity was seen this week with some large deals reported in Asia. Orders placed in China included very large gas carriers, dual-fuel bulk carriers and conventional bulk carriers. South Korea won deals including VLCC tankers and…

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EDITORIAL NO 045 | 2020

Some major orders were placed this week as shipping companies took advantage of low prices. China won a US$1.1 billion order for very large container ships. South Korea won orders for liquefied natural gas (LNG) carriers. A South American cruise ship…

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EDITORIAL NO 044 | 2020

The economic uncertainty facing the world depressed the general number of new merchant shipbuilding orders this week. But South Korea won large contracts for VLCC tankers and chemical/gas carriers. China won tanker orders. Plans for nuclear-powered…

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EDITORIAL NO 043 | 2020

A mixed bag of orders was reported this week despite the continued economic slowdown. Finland won a contract for a luxury expedition cruise vessel. Orders for petrochemical carriers and gas carriers with dual fuel were placed in South Korea. Big…

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EDITORIAL NO 042 | 2020

Asian yards emerged from their holiday period this week with some large orders. South Korea won a billion-dollar order for liquefied natural gas (LNG) carriers. Chinese orders included bulk carriers and large offshore fish farming vessels.…

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