EDITORIAL NO 021 | 2019

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 mining won by Dutch yard Damen along with a new cruise ship order signalled for Croatia. The ferry sector was active with orders in the United States, Canada and Australia. The British Government indicated it may bow to pressure and stop a controversial international tender to build naval supply vessels.