EDITORIAL NO 049 | 2022

The gas carrier order boom continues with China winning a major contract. In Europe, projects to build floating gas vessels are underway to help replace Russian supplies. Other orders won by China this week included car carriers and bulk carriers, while talks were reported about a major container ship deal. Other Asian owners are also in talks about orders for mega container ships. South Korea is in negotiations about feeder container ships while Japan also won a boxship order. India plans subsidies and financial incentives to support its shipbuilding industry.