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Shipbuilding and Scrapping

Industry-watchers like to use a number of metrics to gauge the health of shipping. The Baltic Dry Index is one; the world idle fleet another. Here we take a look at another indicator: the orderbook – or, more precisely, shipyards, which are in the frontline of any improvements or declines in industry health. Shipyards are in a precarious position. A strong orderbook should be good for business; more ships mean more work. But too many orders can tip the fleet bal­ance into a glut and, as we have seen for the past seven years at least, that can lead to a prolonged curtailment of orders. It is a vicious cycle that gets repeated again and again.


No more finance for foreign-yard newbuilds, China's leasing houses told

Move might take a toll on South Korean shipbuilders that have yet to recover from the financial woe

Asia Pacific Containers Dry Bulk

Weak newbuilding recovery fails to lift yard sentiment

Activity in main shipping sectors still at a historically low level

Asia Pacific China South Korea

Yard Talk | LNG may be a saviour for Korean and Singaporean players

Booming global LNG trades to bring business opportunities in building tankers and offshore units

South Korea Singapore Shipbuilding

DSME looks to compete with Chinese rivals on technical expertise

South Korean yards being challenged by Chinese builders backed by government financing

Asia Pacific South Korea China

Class takes on shipbuilding balancing act

Regulations, digitalisation and weak markets will mean even greater dependency on class


Classification Shipbuilding International

Building up their arsenals

Is Cosco poised to challenge European lines’ dominance of container shipping?


Shipbreakers brace for regulatory upheaval

Termination of Beijing’s scrap-and-build scheme could prompt Chinese owners and scrapyards to interact more with international markets 

Asia Pacific India Bangladesh

Shipping’s ‘health-ometer’

A spotlight on shipyards shows China’s influence continues to be felt
Shipbuilding Ship Recycling China

Korean bank struggles to get money back from shipping and yards

About 75% of the Export-Import Bank of Korea’s non-performing loans come from shipping and shipbuilding firms 

Asia Pacific South Korea DSME

Grimaldi brothers raise the bar in clean ship technologies

Italian group leading by example with investments in a new class of ultra-clean ro-ro ferries

Europe Italy Containers

Is the EU Ship Recycling Regulation a lame duck?

Twenty-two non-European shipyards are fighting for the EU’s good graces, none of which are expected to make the list before the end of this year
Asia Pacific Europe India

Latest From Shipbuilding & Ship Recycling

Algoma funds bulker deal with newbuilding cancellation refund

Algoma looks for extension to decide on replacement contracts at the Yanzijiang shipyard in China

Dry Bulk Ship operations

OOIL poised to order 23,000 teu LNG-ready sextet

The orders, if they materialise, will send OOIL’s 20,000-teu class fleet to 12 units, enough to allow the company to independently form a loop on Asia-Europe trade

Asia Pacific Containers

World boxship fleet update: A cautious outlook

Low-sulphur regulations will push up demolition ahead of 2020, but a large idle fleet will still put pressure on carriers

International Containers

China Ocean Industry Group finds buyer for two undeliverable ships

The yard is also seeking buyers to take over three other newbuildings cancelled by a shipowner owing to delivery delays

Asia Pacific Dry Bulk

SDTR signs 10 kamsarmaxes at Dalian Shipbuilding

SDTR Marine is 60% owned by China’s Shandong Shipping and 40% by Singapore’s Transcenden Global Pte

Asia Pacific Dry Bulk

HHIC-Phil secures court approval for rehabilitation

HHIC-Phil reportedly had $1.3bn of outstanding debts, borrowed from Filipino banks and South Korean lenders

Asia Pacific Tankers and Gas

Logistics focus puts brakes on big ship orders

Focus on logistics instead of fleet size could ease supply-demand imbalance

International HMM

South Korea offers sale-and-leaseback package to shipping

The year is starting out quite well for South Korean companies with DSME also announcing an order for four VLCC newbuildings from an Oceanian shipper

Asia Pacific South Korea

China takes dominant position in outstanding orderbook values

Newbuild prices have been rising along with new materials amid tightening space at yards

Shipbuilding Asia Pacific
See All