– 187.10 points in first week of July, stuck in a narrow band for two months – LNG and container carriers remain firm, while bulkers and product tankers struggle The Clarksons Newbuilding Price Index (CNPI) — a key..
A ‘Supercycle’ Led by High-Value, Eco-Friendly Vessels Korea Widens Profitability Gap with China Through Superior Technology Amid a sharp decline in global ship orders, concerns are mounting that the shipbuilding industr..
HD Hyundai, HJ Shipbuilding set the pace... China accelerates under state-backed strategy LNG-powered ship orders expected to surge by 2030… Global bunkering market heats up As the market for LNG-powered vessels rapidly exp..
Chinese shipyards currently take lion's share of containerships on order. As of the end of June 2025, according to Clarksons Research, 701 containerships of a combined 6.94m teu are slated for delivery from Chinese shipbuilding i..
India’s state-run energy giant Oil and Natural Gas Corporation (ONGC) has inked a strategic agreement with Japanese shipping company Mitsui O.S.K. Lines (MOL) to build, co-own, and operate two Very Large Ethane Carriers (VLECs), t..
South Korean shipbuilding tycoon Samsung Heavy Industries (SHI) is enhancing its order competitiveness by expanding its shipbuilding capacity through overseas bases. According to industry sources and insiders, SHI recently signed a s..
Japan’s shipbuilding industry continues its wave of consolidation as Mitsui E&S Shipbuilding has officially been rebranded Tsuneishi Solutions Tokyobay, following its acquisition by Tsuneishi Shipbuilding. The two firms, bo..
The three major Shanghai-based shipyards under China State Shipbuilding Corporation (CSSC)—Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding (HZS), and Shanghai Waigaoqiao Shipbuilding (SWS)—have completed and delivered a tota..
The Norwegian classification society DNV analyzed that carbon capture and storage (CCS) technology is nearing a pivotal stage of development, with adoption expected to grow fourfold by 2030 as industrial sectors beyond energy begin to e..
The US Trump administration is now pushing ahead with a project to rebuild domestic shipbuilding and shipping industries which are experiencing decline. However, the process has been far from smooth. Although the revival of the shipbuil..
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