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…
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…
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…
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…
Big warship orders were confirmed this week for the Belgian and Dutch navies, in the Philippines and Taiwan plus more coast guard orders in Canada. South Korean orders were much more active with orders including tankers and product carriers. Greek…
Chinese yards became more active this week, winning orders from Europe for container feeder ships and specialist freighters. South Korean orders remained depressed. Good news for Europe was the US$468 million contract for a ship for seabed diamond…
