Market

Japan ship exports grow in March

Japanese shipbuilding industry witnessed a year-on-year increase of 16.2% for export orders in March 2025. According to the Japan Ship Exporter's Association (JSEA), the industry received contracts for 24 newbuilds amounting to a..

News > Market > 2025-04-09 16:46:40

Number of green vessels up by 24%

The number of eco-friendly vessels on operation or order reached 10,218 in total as of the end of March 2025, up by 23.9% year-on-year. DNV has recently reported that scrubber-fitted vessels (6,578 units) make up the majority of the ..

News > Market > 2025-04-04 15:45:17

Shipyards' orders dropped sharply

Last March, 58 newbuild vessels of a combined 1.50m cgt were reported ordered globally, down by 71% year-on-year in cgt terms. By country, during the same period, South Korea took the lion's share by securing 55% market shares (1..

News > Market > 2025-04-04 15:13:36

Shipyards' orderbook keeps swelling up

Shipyards in the world currently secure 5,735 vessels of a combined 281.18m cgt on order, demonstrating a steady increase since 2021 and the post Covid reopening of global economy. Against a year ago, in particular, the orderbook has in..

News > Market > 2025-03-13 15:49:25

Shipbuilding Industry: Key Market Indicators to Watch Amid Continued Positive Momentum

Byun Yong-jin, analyst at South Korean financial investment service provideriM Securities, stated on March10th that thereis a need of more cautious analysis on market indicators despite of a series of favourable factors in shipbuilding ..

News > Market > 2025-03-12 18:00:00

Number of green vessels keeps up growth

The number of eco-friendly vessels on operation or order reached 9,967 in total as of the end of February 2025, up by 21.6% year-on-year. DNV has recently reported that scrubber-fitted vessels (6,355 units) make up the majority of th..

News > Market > 2025-03-06 16:39:19

Big 3 Order Performance Slumped

South Korea's leading three shipbuilders have seen weaker-than-expected new shipbuilding orders at the beginning of the year, the report showed, According to industry information, the Big Three's order performance so far is $4...

News > Market > 2025-03-06 10:46:46

New order sales market 'active' last week

It is February already, and shipyards in the world are busy as usual for securing new orders. Banchero Costa has recently noted that global shipbuilders actively won new orders in containership sector for the seventh week of the year..

News > Market > 2025-02-20 16:21:13

Yards see LPGC order hitting all-time high

Shipyards in the world were awarded 146 LPG carriers of a combined 9.9m cbm last 2024, reaching record highs in two consecutive years following 2023 when the figure stood at 8m cbm. According to Clarksons Research, last year's LP..

News > Market > 2025-02-20 15:18:14

Japan sees drastic upturn in ship exports

Japanese shipbuilding industry saw about a 65.1% increase in export orders for January 2025 by winning nine newbuilds of a combined 506,640 gt (197,672 cgt). By ship type, according to the Japan Ship Exporter's Association (JSEA)..

News > Market > 2025-02-13 16:38:29