Newbuilding report dated 5 April 2022

Activity in the newbuilding market resumed last week, with a plethora of deals coming to light. For yet another week, we witnessed plenty of container newbuilding deals surfacing in the market, however, what caught our attention was the volume of dry bulk contracts; sixteen Ultramax vessels were inked, with ten of them being ordered from Chinese CITIC Group at DSIC yard.


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