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Global New Ship Orders Slump 23.7% in August as Chinese Shipbuilders Dominate with Record 85.4% Market Share

In August, global new ship orders fell by more than 20% year-over-year and month-over-month, indicating a relative cooling of the new shipbuilding market; conversely,...

QMW and CPOE Qingdao Sign QatarEnergy LNG NFW Jacket Fabrication Project

On September 4, 2026, Qingdao McDermott Wuchuan Offshore Engineering Co., Ltd. ("QMW") and CNPC Offshore Engineering (Qingdao) Co., Ltd. ("CPOE Qingdao") held a signing...

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