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Editorials

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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EDITORIAL NO 030 | 2019

Merchant shipbuilding orders remained at relatively low levels this week, with the summer pause continuing to depress activity. A large series of dual-fuel chemical tankers was ordered in China along with a big inland waterways chemical tanker. South…

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EDITORIAL NO 029 | 2019

Orders for large-sized merchant vessels remained at relatively low levels this week. China won orders for tankers while South Korea booked tanker and bulk carrier deals. The naval sector remained active with large modernisation contracts placed in…

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EDITORIAL NO 028 | 2019

Large bulk carrier orders were reported this week in China and Japan, with new designs involving energy saving creating interest among shipowners. South Korea won orders including car carriers and tankers. But overall merchant vessel order volumes…

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EDITORIAL NO 027 | 2019

Another dramatic shake-up in the world’s shipbuilding industry was signalled this week as China’s two largest shipyard groups say they plan to merge. Meanwhile, the next stage of the merger of South Korea’s largest two shipyards took another step…

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EDITORIAL NO 026 | 2019

The naval shipbuilding sector continued to be active in the past week. India invited yards to construct submarines in cooperation with foreign shipbuilders. There were indications that Germany’s large upcoming order for a new concept of a surface…

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EDITORIAL NO 026 | 2019

The naval shipbuilding sector continued to be active in the past week. India invited yards to construct submarines in cooperation with foreign shipbuilders. There were indications that Germany’s large upcoming order for a new concept of a surface…

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EDITORIAL NO 025 | 2019

Environmental protection by expanding natural gas both for land-based and ship propulsion use was again the theme for large orders this week. Increasing use of gas for land-based power generated was behind gas tanker orders in Korea while Korea is…

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EDITORIAL NO 024 | 2019

A large new container ship order for 12,000-TEU vessels is set to be placed in China after a long period of low boxship contracts. But the U.S./China trade war is depressing the overall volumes of world shipbuilding orders, which is especially…

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EDITORIAL NO 023 | 2019

More passenger cruise ship orders were again seen this week, with contracts in Finland, Norway and China. Ferry deals were reported in Norway and Japan. The naval sector also remained busy, with Canada selecting the design for its new class of…

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