Market

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

Slump seen in 1Q NB orders market

The global new ship order sales market was somewhat sluggish for the first quarter of 2025 against a backdrop of poor freight rates of overall ship types, as well as concern on economic slowdown. Citing Clarksons Research's data,..

News > Market > 2025-04-29 14:56:27

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