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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.
July ended with a total number of 59 units added to the current orderbook.
The newbuilding market continues to see healthy ordering activity overall last week.
The newbuilding market demonstrated a healthy activity overall this week while being dominated by the owners’ hunger for Container vessels.
Last week, the newbuilding sector recorded a strong level of activity across most of the segments with the Container carriers starring for yet another week and the LNG vessel orders coming next.
The Dry bulk sector has the lion’s share of the previous week’s newbuilding contracts.
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 activity saw a decreased number of materialized deals last week, as only three orders came to light. More specifically, Swedes owner Erik Thun has ordered another LNG/LBG 17,999 chemical tanker at Jinling shipyard followed its partner Furetank similar order in late January.
The global XSI ® increased by 3.9% in Feb-2022 to 247.76 points. This month-onmonth rise reverses the decline reported in January and ensures the benchmark is 87.9% higher than the equivalent period of 2021. Since the end of last year, the index has appreciated by 0.2%. The monthly containership report discusses recent containership freight rate movements and market developments. Brought to you by Xeneta.
The newbuilding market has been quiet during the past week, with only three contracts coming to light. Among them, no dry bulk or tanker units were order ordered with LNG and Container sectors continuing to monopolize owners' interest.
