Newbuilding Orders Piling Up

The newbuilding market has remained very elevated over the past week, as owners have kept securing more orders. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this week, with a total of 51 vessels ordered across a broad spectrum of sectors including bulk carriers, containers, tankers and car ...

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →