Market

SHI expects explosive order momentum in 2H

Samsung Heavy Industries (SHI) has been awarded 18 newbuilds worth $2.6bn so far this year. The South Korean shipbuilding tycoon has recently announced via its IR material that the 18 vessels are comprised of one LNG carrier (worth $..

News > Market > 2025-06-12 11:02:37

LNG bunkering volume rises y-o-y

The volume of LNG bunkering activities in global fleet showed a sharp upturn against a year ago. Last May, according to Kpler, the world's shipping industry saw LNG fuel of 718,000 cbm injected into ships, representing a marginal..

News > Market > 2025-06-12 10:15:30

Ship Orders Halve in May — Signs of Supercycle Losing Steam

Global orders plunge 64% MoM, Korea’s volume shrinks but quality edge remains intact Analysts warn: “The supercycle peak was short and shallow” The global shipbuilding market has suffered a sharp contraction in new..

News > Market > 2025-06-05 10:16:37

Yards see robust alternative fuelled ship orders

As the 'green energy transition' acts as a vital driver of global shipping market, half of the ships on order were alternative fuelled vessels. Clarksons Research explained, "As of 1st June, our latest data points sugges..

News > Market > 2025-06-04 11:32:27

556 offshore facilities on order

As of the end of April 2025, the total number of mobile facilities being deployed in offshore oil and gas development/production/support projects stands at 13,186, and the shipbuilding industry's order backlog included 556 units, ac..

News > Market > 2025-06-02 14:03:28

Shipyards' orderbook firm in tone

Shipyards in the world secure 5,931 newbuilds of a combined 160.45m cgt in their orderbook as of May 9. Against a month ago, the number of orders in hand and the adjusted gross tonnage decreased by 1.51% and 1.96%, respectively. Amon..

News > Market > 2025-05-26 16:19:33

Newbuilding Price Index Rebounds After Four Weeks of Decline

The Clarkson Newbuilding Price Index, a key barometer of shipbuilding market trends, has finally rebounded after four consecutive weeks of decline. Although the increase was marginal—just 0.01 points—the pause in the down..

News > Market > 2025-05-26 08:23:07

Newbuilding Market Rebounds in April — Signs of Recovery in H2

In April 2025, the global newbuilding market showed signs of renewed momentum after a sluggish start to the year. According to UK-based shipbuilding and maritime research firm Clarksons Research, global new ship orders in April reached..

News > Market > 2025-05-09 11:24:47

[Special Report] Clean Ammonia Emerges as a Game-Changer in Maritime Decarbonization

Ulsan Port Aims to Become Key Bunkering Hub in Asia, Accelerates Global Collaboration [Daily Shipbuilding Maritime – Ulsan Correspondent] As the International Maritime Organization (IMO) advances its carbon neutrality roadmap,..

News > Market > 2025-05-03 18:47:47

552 offshore facilities on order

As of the end of March 2025, the total number of mobile facilities being deployed in offshore oil and gas development/production/support projects stands at 13,176, and the shipbuilding industry's order backlog included 552 units, ac..

News > Market > 2025-04-30 11:19:42