Newbuilding report dated 26 March 2019

In terms of recently surfacing orders, last week has certainly been quieter when compared to average weekly volumes throughout the first quarter of the year, with the order of four firm Handysize vessels in Japan certainly being the most notable, given that this is the second Handysize order during the year so far, which brings the total 2019 orders in the size up to eight. Compared to the first quarter of last year, this means that Handysize ordering is increased about 300%, which is quite significant especially if one compares this increase to the dramatic decrease in ordering of Capesize/VLOC vessels this years, which is estimated at -92%, outlining the difference in prevailing sentiment in the two sizes. 

The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

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Peter Sand
in Copenhagen, DK

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