chinese shipyards

Pricey LNG Orders Shuffle Global Shipyards Top Spot

Korean shipyards replace Chinese rivals and retake the global top spot in July with LNG vessels, says an article published in Korean Investors.

LNG Newbuilds

South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order book last month, thanks to their supremacy in building Liquefied Natural Gas (LNG) vessels.

Data provided by global market researcher Clarkson Research Service shows, Korean shipbuilders’ new orders amounted to 500,000 compensated gross tonnage...

https://mfame.guru/pricey-lng-orders-shuffle-global-shipyards-top-spot/

Global Shipbuilding Orders Crash To a Historic Low in H1

  • Global shipbuilding orders at historic low in H1.
  • January-June period, global new shipbuilding orders totaled 5.75 million CGTs, or a total of 269 ships.
  • The lowest since 1996 and a 42 percent drop from the previous year.
  • Chinese shipbuilders got new orders totaling 3.51 million CGTs, or 145 ships, in the January-June period, taking up 61 percent of the total.
  • In June, Chinese shipyards bagged orders totaling 460,000 CGTs, or 16 ships.
  • As of end-June, Chinese shipbuilders had the largest order...

https://mfame.guru/global-shipbuilding-orders-crash-to-a-historic-low-in-h1/

Chinese Shipyard Signs Ship Building Project

  • Finnish ship design company Deltamarin announced on Tuesday that it has signed a contract with China Merchants Jinling Shipyard (Weihai) Co., Ltd (CMJL) for cooperation on the design of Finnish shipping operator Finnlines’ Superstar ro-pax vessel project.
  • The vessels will be Finnlines’ flagships that accord with the highest technical and environmental standards.
  • The length of the vessels will be 235 meters and the beam 33 meters. Their loading capacity will include 5,100 lane meters for...

https://mfame.guru/vessel-building-project-signed-by-deltamarin-and-cmjl-shipyard/