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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

TOP Ships unveils $10.1m loan for MR2 newbuild

New European bank credit facility secures delivery of Cargill-linked tanker as Greek owner pursues further orderbook funding

Europe Asia Pacific

Viewpoint: Recycling war of words

What the EU seems to ignore is the work that is being done in the principal recycling yards to comply with the requirements of the Hong Kong Convention

Europe EU

Hyundai Mipo nets $109.2m containership quartet order

The vessels will be delivered to the Liberia-based company by the end of March 2020

Shipbuilding Containers

Time has come to understand the 'beaching' method

Hong Kong Convention compliant scrapyards in Alang, India, cannot fill the yard space as owners are not interested in green recycling, says GMS

India Ship Recycling

Changing Lanes: The rise of the ultra large containership

ULCs accounted for 31% of deployed containership capacity in the second quarter of 2018

International Containers

OSG orders two non-Jones Act MR tankers

New York-listed owner books two product carriers with scrubbers at Hyundai Mipo Dockyard for $75m

North America United States

Capital orders LNG quartet from HHI for $743m

The vessels are to be delivered by the end of June 2021

South Korea HHI

Fire hits VLCC as Gadani resumes scrapping

All workers on board were rescued with no injuries reported

Asia Pacific Pakistan

South Korean shipbuilders want plate prices put on hold

Rising raw material costs pushing up steel plate prices, Korean steelmaker says

South Korea Shipbuilding
See All