EDITORIAL NO 041 | 2022

The rush for gas by importers around the world continues to generate shipbuilding orders, with deals worth US$2.7 billion close in Chin, and South Korea winning a US$243 million gas carrier deal this week. China additionally won orders for gas carriers and also major contracts for car carriers, container ships and bulk carriers. A Chinese yard signed a cooperation agreement to expand its LNG carrier construction activities. In the United States, a deal for U.S. inland waterways vessels could exceed US$1 billion. A commodity trading house, one of the world’s largest ship charters, said that in future it wants new ships powered by biofuels.