Large bulk carrier orders were reported this week in China and Japan, with new designs involving energy saving creating interest among shipowners. South Korea won orders including car carriers and tankers. But overall merchant vessel order volumes were again relatively low, with analysts saying merchant shipbuilding orders placed in the second quarter of 2019 were the smallest in eight years. Naval shipbuilding remained brisk, with major new projects announced in India and Russia for a range of vessels. Italy is intensifying its efforts to win the huge upcoming order for frigates for the U.S. Navy.