Topic
orders
Logistics DH Shipbuilding Sets Annual Order Record with Fresh Suezmax Pair – New Deliveries Through 2029
South Korea's DH Shipbuilding has secured a KRW271.3bn ($196m) contract for two 157,000 dwt suezmax crude carriers from an unnamed European owner, pushing its 2025 order intake to a record 17 ships. The yard's orderbook now stands at 36 vessels, filling its construction schedule through the end of 2029.
Logistics China Smashes Ship-Order Record in First Half, Tightening Grip on Global Market
Chinese shipyards booked 121.06 million deadweight tonnes (dwt) of new orders in the first half of 2026, surpassing any previous full-year total and representing 82.3% of global ordering. Shipbuilding output rose 51.2% to 36.5m dwt, and the orderbook reached 363.25m dwt, up 54.9% year-on-year. Chinese builders also secured over 80% of global orders for bulk carriers, containerships, and tankers, and maintained a >68% share of green vessel orders.
Logistics Korean Shipbuilders Unveil US Projects as Lutnick Demands Deliverable Ships, Not MOUs
South Korea's leading shipbuilders have unveiled a wave of US partnerships covering naval vessels, LNG bunkering ships, smart yards, and workforce training as the Korea-US Shipbuilding Partnership Center opens in Washington. US Commerce Secretary Howard Lutnick made clear that the Trump administration will judge the venture by physical output, not announcements.
Logistics Erasmus Shipinvest Stacks Up Boxship Orders with Fresh Feeder Deal at Huangpu Wenchong
Athens-based Erasmus Shipinvest has signed a contract with CSSC Huangpu Wenchong Shipbuilding for two firm 1,900 teu feeder containerships, with options for two more. The order is the third newbuilding deal between Erasmus and the yard this year, adding to the 30 vessels already delivered and 44 on order from the Swan feeder design series. Financial terms and delivery dates have not been disclosed.
Logistics Crude tanker orders hit record high as owners rush to secure VLCC and suezmax capacity
Crude tanker newbuilding orders have hit an all-time high in 2026, with 60m deadweight tonnes contracted across 234 vessels, led by a surge in VLCC orders. The orderbook stands at a record 130m dwt, equivalent to 27% of the existing fleet. High freight rates and fleet ageing are driving the ordering wave, with China dominating shipbuilding and Greece the top ordering nation.
Trade Christmas Orders from US, Europe Drop Amid West Asia Crisis
Christmas-themed exports from India to the US and Europe have decreased by 10-15% due to the ongoing West Asia crisis. Exporters face challenges with rising costs and reduced demand.
Logistics JP Morgan Expands Shipping Fleet with New Samsung Orders
JP Morgan has placed significant orders for new tankers and gas carriers at Samsung Heavy Industries, valued at over $660 million. This move is part of an aggressive expansion strategy in the shipping sector.
Logistics Cathay Pacific, Air China Expand Airbus A350 Freighter Orders
Cathay Pacific and Air China Cargo have expanded their orders for Airbus A350 freighters, enhancing their long-haul cargo capacity. This move is set to influence air freight dynamics, with potential impacts on capacity and emissions.