EDITORIAL NO 025 | 2021

South Korean yards continued their order success this week with billion dollar deals including in the container shipping and gas carrier sectors. Chinese yards also reported hefty orders including several container ship deals. Environmentally friendly shipping was again in focus, with a project in Europe for a sail-powered freighter moving forward. In the United States, inland waterways passenger vessels were contracted in a sign the impact of the coronavirus pandemic on cruise shipping may be waning. The naval sector saw large projects in Europe and the United States.