Continued strong demand for large merchant vessels is solidifying China’s leading role in global shipbuilding

Orders for two very large ore carriers, two ro-paxes, six gas carriers, eight boxships and 12 tankers were arranged in the past week

Orders in the past week included 10 feeder containerships, with eight of them being attributed to Greek shipowners

A total of 48 merchant ships were ordered in the past week at Chinese, French, South Korean and Vietnamese shipyards

A total of 28 merchant vessels were ordered in the past week at Chinese, Japanese and South Korean shipbuilders

With the exception of two aframax tankers ordered in South Korea, Chinese shipyards won all new orders in the past week

Firm orders for two general cargoships, three tankers and 11 bulk carriers were signed in the past week, while Stena RoRo confirmed a letter of intent for up to six ro-ro cargo carriers

Investment in new ships remains strong, in particular in the feeder containership sector

Firm orders were signed in the past week for boxships, bunkering vessels, general cargoships and tankers with almost all being won by Chinese shipyards

Chinese shipbuilders continue to pick up the lion’s share of newbuilding contracts

Tanker orderbook boosted by new orders for suezmaxes and VLCCs, but activity far down from 2024 levels

Newbuilding contract represents return of a Saverys family-controlled shipowner to mid-sized South Korean shipbuilder

Orders for 34 merchant vessels were recorded in the past week, with Chinese shipbuilders picking up 73% of all new ships

The containership sector provided 70% of all newbuildings ordered in the past week

A total of 54 containerships were contracted in August with most placed at Chinese shipyards

With the exception of one order for a LNG bunkering vessel, Chinese shipyards picked up all newbuilding contracts in the past week