Strong newbuilding prices, bulging orderbooks and fresh opportunities presented by decarbonisation needs have put some of the world’s key shipbuilders in Asia in a comfortable position.
But yards are facing challenges in labour, steel pricing and the inflationary economic environment.
Clarksons Research managing director Stephen Gordon told TradeWinds that the first nine months of 2023 have been a “good flow of newbuilding orders for shipyards”.
