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Newbuilding report dated 29 January 2019

30 January 2019

Recently reported newbuilding activity has been below the weekly average levels seen in the past months, while it is notable that orders of more conventional vessel types like tankers or bulkers are missing from the list below. Both sectors have seen appetite for newbuildings remaining unaffected by developments in the respective freight markets during the past months, with upcoming regulations being a good enough reason for owners with access to finance to place an order.  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.

Only two Panamax bulkers demolished in 2018

20 December 2018

2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demolition in every ship segment down.

IMO increases focus on 2020 fuel safety

14 December 2018

The IMO has agreed to back a proposal submitted by BIMCO and fellow industry associations to have the Marine Safety Committee (MSC) take a more robust stance when it comes to expected safety implications of compliant fuel ahead of the IMO 0.50% sulphur limit coming into force on 1 January 2020.