Newbuilding report dated 7 May 2019

Recently reported newbuilding activity has seen a small slowdown compared to the average weekly volumes we have been seeing since the beginning of the year, while focus has been exclusively on tanker and gas carrier orders last week, with another MR order reaffirming the popularity of this size this year as far as ordering is concerned.  Initial data for the first four months of the year shows a slowdown of about 18% in overall contracting activity. In terms of sector specific differences, newbuilding ordering in dry bulkers is down around 60%, with tankers also showing a drop of around 36% at the same time and gas carriers looking at a decrease of around 30%, while ordering in the container sector is steady year to date.

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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