EDITORIAL NO 041 | 2019

Major orders for container ships were placed this week, ending a long period of slack contracts for large-size boxships. South Korean yards won separate orders for vessels of 23,000 TEU and 15,000 TEU worth together around US$2.4 billion. A mix of orders was reported for Chinese yards, with environmentally friendly propulsion methods again a theme. Japan won an order for a VLCC crude oil tanker. The Scottish regional government in Britain confirmed it will undertake the long-term nationalisation of a financially troubled shipyard after unsuccessful attempts to find a buyer.

Editorials
Article Editorial staff New Ships
Article Editorial staff New Ships