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 warship could be placed this year. More details emerged in Japan’s plan to build offshore patrol vessels while the British Government indicated it wants to reserve state shipbuilding orders for British yards after Brexit. In the merchant shipbuilding sector, another cruise ship order was confirmed this week in Europe. South Korea won a VLCC order and China won a contract for heavy lift freighters. Japan booked a series of contracts including car carriers and a roro passenger ferry.