“In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Ships delivered to new owners by Chinese…
Chinese shipyards hit record 47% market share in 2022 Read More »
The heatwave experienced in parts of the world has seen temperatures of between 40 – 42C recently – and according to an article in TradeWinds, ‘Shipyard work has become nearly impossible in the sweltering temperatures and workers have had to take unsch…
Global extreme weather patterns impact shipbuilding Read More »
While some shipyards struggled to stay afloat during the initial outbreak of COVID-19, the post-pandemic environment is predicted to usher in an encouraging era for shipyards’ orderbooks. In 2020, orders for containerships fell to their lowest number i…
A surge in shipbuilding Read More »
Digital systems, autonomous operations, and smart software offer scope to transform most industrial sectors, like the automobile industry for example. But shipping generally lags, and shipbuilding is even further behind the curve due to the various ris…
Digitalisation driving change in shipbuilding Read More »
The Clydebank Declaration was launched at COP26 in November 2021 with initial supporters including Australia, Belgium, Canada, Chile, Costa Rica, Denmark, Fiji, Finland, France, Germany, Ireland, Japan, the Republic of the Marshall Islands, the Netherl…