Newbuilding ordering activity held firm, with a flurry of new orders surfacing during last week. As we have previously noted, owners' insatiable hunger for LNG vessels holds steady with a healthy number of vessels ordered every week.
Last week newbuilding market was muted regarding the dry and the wet sectors, while firm shipbuilding activity came to light from the LNG and the container segments.
Newbuilding ordering activity has been quiet during the first week of August, with a total number of four orders, all placed at Chinese shipyards. On the container front, CMA-CGM’s order of 6x15,000teu units has monopolized interest, as it is the second container operator, after AP Moller-Maersk, that has opted for methanol-powered vessels over LNG.
LNG and Container contracts continue to keep activity in the newbuilding market healthy through the Easter holidays, with LNG units having the lion’s share last week, followed by one neo-Panamax container deal while no sales for the most conventional type of units emerged.
The newbuilding market continues to see healthy ordering activity, with containers orders once again holding the lion’s share among recently reported deals. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
The newbuilding market activity remains healthy for another week. The presence of Container orders remains strong, gathering the largest share of last week’s surfacing deals. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
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