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SHIPBUILDING

Aerial view of a large offshore drilling platform or semi-submersible vessel moored at an industrial shipyard facility surrounded by calm blue waters, with multiple construction cranes, support vessels, and mountainous coastline visible in the background under overcast skies

Shipbuilding slows sharply—Except for the Greeks

Global newbuilding orders have collapsed, yet Greek shipowners are bucking the trend—placing over $2.2 billion in fresh contracts, as the industry grapples with trade wars, fuel dilemmas, and regulatory fog

A high-angle view of Pipavav Terminal in India, featuring multiple container ships docked at the port. Large cranes are actively loading and unloading cargo, while stacks of colorful shipping containers line the terminal. The surrounding infrastructure includes warehouses and transport trucks, highlighting the port’s role in India’s growing trade network

Maersk’s $5 billion bet on India’s maritime future

Maersk’s $5 billion investment in India’s ports and logistics is a strategic move, but can it truly challenge China’s supremacy in global shipbuilding? The answer lies in the industry’s structure, not in political knee-jerks

he Wen Jing Kou, a large COSCO Shipping dual-fuel vehicle carrier, sails across the open sea under a bright blue sky with scattered clouds

China’s shipbuilding dominance sails past American dreams

China has just delivered a homegrown vessel that epitomizes efficiency, innovation, and industry dominance. Meanwhile, the U.S. clings to nostalgia as China cements its place as the shipbuilding and auto-export powerhouse

A vibrant shipyard scene at Cochin Shipyard, India, showcasing two massive red gantry cranes labeled “COCHIN SHIPYARD.” A ship component is being carefully lifted by the cranes, while workers and infrastructure in the background highlight the bustling activity of the facility. The sky is a mix of blue and warm hues, reflecting the industrial dynamism of India's shipbuilding ambitions

A billion-dollar question: Can India outbuild China?

Can India become the next global shipbuilding giant? With Maersk’s new partnership and a $2.9 billion government push, the West may finally have a counterweight to China’s maritime dominance