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Editorials

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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EDITORIAL NO 041 | 2020

Public holidays in China and South Korea helped reduce shipyard activity this week. But South Korea won orders including liquefied petroleum gas carriers. A yard in the Netherlands won a contract for a coastal freighter with hybrid power. In the…

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EDITORIAL NO 040 | 2020

Low prices available from yards helped generate some major newbuilding orders this week with talks about other deals reported. Greek interests are said to be behind a US$359 million order for tankers placed in South Korea. Chinese shipyards are in…

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EDITORIAL NO 039 | 2020

Chinese yards again dominated merchant shipbuilding orders and negotiations this week. Talks were reported about a large VLCC order while contracts were placed in China for vessels including bulk carriers and tankers. A leading European bulk carrier…

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EDITORIAL NO 038 | 2020

Chinese yards won a series of orders this week for vessels including container ships, gas carriers and offshore platforms, although customers in China itself dominated. But Chinese shipbuilders did win orders for container ships from Taiwan. Deals in…

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EDITORIAL NO 037 | 2020

A huge and long-awaited order for liquefied natural gas (LNG) tankers for operation in Russian Arctic waters was confirmed this week, with indications more newbuilding contracts could be on the way. Chinese yards won a decent number of orders, but as…

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EDITORIAL NO 036 | 2020

A more active level of orders was seen in Asia this week. Six 1,800-TEU feeder container ships were ordered in China with options for six more. Chinese yards also won orders for tankers, bulk carriers and chemical tankers. South Korean yards won…

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EDITORIAL NO 035 | 2020

Low prices on offer by shipyards during the current economic slowdown helped to generate some large orders this week. South Korean yards won contracts for gas carriers from China worth US$440 million. Korean yards also won orders from Saudi Arabia…

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EDITORIAL NO 034 | 2020

The coronavirus crisis continues to cause tough times for global shipbuilding, although regular orders continue to be placed. South Korea won a US$372 million order to build two liquefied natural gas (LNG) carriers. Japan won a large deal for…

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EDITORIAL NO 033 | 2020

The slowdown in the world economy in the coronavirus crisis continued to burden the shipbuilding market this week. Chinese yards won orders including bulk carriers, a liquefied petroleum gas (LPG) carrier and inland waterways vessels. Russia revealed…

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EDITORIAL NO 032 | 2020

Shipbuilding markets were more active this week after the long-depressed period caused by the coronavirus crisis. South Korean yards won orders worth US$746.2 million for four liquefied natural gas (LNG) carriers. Korean yards also won orders…

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EDITORIAL NO 031 | 2020

The world economic slowdown again depressed newbuilding orders this week. South Korean won contracts for medium-range product tankers and an environmentally friendly ferry. Chinese yards won a series of orders mostly for smaller vessels including…

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EDITORIAL NO 030 | 2020

The coronavirus crisis continued to depress world shipbuilding but with a series of new contracts reported in Asia. Japanese yards won deals for container ships and a gas tanker. China won orders including bulk carriers and a multi-purpose vessel.…

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EDITORIAL NO 029 | 2020

The coronavirus crisis continued to depress global shipbuilding orders this week. South Korea won contracts for feeder container ships. Indonesia revealed plans to order oil and gas tankers. Singapore won offshore orders while multi-billion plans for…

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EDITORIAL NO 028 | 2020

The coronavirus crisis continued to depress shipbuilding orders this week but there were some signs of light at the end of the tunnel. A big VLCC tanker order for South Korea is expected from Greece if a charter deal is confirmed. Russia is planning…

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EDITORIAL NO 027 | 2020

The coronavirus crisis continues to depress global shipbuilding demand, but with some rays of hope. An initial order for VLCC tankers was reported in South Korea. Chinese yards were able to win orders for LNG carriers, a tanker and bulk carriers this…

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EDITORIAL NO 026 | 2020

Chinese yards won orders for a wide range of vessels especially from Chinese customers including deck cargo ships, a crane ship and a new type of vessel for offshore fish farming. New types of environmentally friendly craft continued to be ordered…

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EDITORIAL NO 025 | 2020

The merchant shipbuilding sector continues to suffer from the impact of the coronavirus crisis but the naval sector was active this week. Canada confirmed a huge order for naval supply ships while Ukraine announced a major order to build patrol…

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EDITORIAL NO 024 | 2020

South Korean yards won another large order for liquefied natural gas (LNG) units this week following their success in the massive deal with Qatar. Korean yards are working on winning even more LNG orders from Russia and Africa. Tanker orders were…

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EDITORIAL NO 023 | 2020

The stage was set for one of the biggest merchant shipbuilding orders in history this week with Qatar signing initial agreements with South Korean yards for around 100 liquefied natural gas (LNG) carriers costing more than US$19.2 billion. The deals…

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