Newbuilding report dated 18 October 2022
20 October 2022Newbuilding market continued to demonstrate healthy contracting activity for yet another week.
Showing 91 - 100 of 200
Newbuilding market continued to demonstrate healthy contracting activity for yet another week.
Last week newbuilding market was muted regarding the dry and the wet sectors, while firm shipbuilding activity came to light from the LNG and the container segments.
Newbuilding ordering activity has been rather muted across most sectors during the past week.
The shipbuilding market activity appeared quiet last week, which is more or less expected, due to the continuous lockdowns and operations disruption in China.
Τhe LNG newbuilding activity remained strong last week, with a massive newbuilding deal signed by the Chinese CNOOC, while interest for the rest of the sectors remained limited.
The LNG and Container newbuilding deals continued firmly last week, with seven new LNG contracts from NYK and one more from the Norwegian Knutsen, while eight-teen Containers were ordered from SITC and Seaspan, followed by six new contracts for Aframax tankers, ordered by the Greek owner Navios Group.
Reported activity on the newbuilding front remains firm for yet another week, with containers once again being the most popular sector, while after almost two months of inactivity, a fresh tanker contract emerged last week.
The newbuilding market continues to be fuelled by the owners’ insatiable hunger for Container units.
Activity in the newbuilding market resumed last week, with the recently rumored contracts consisting mostly of Container units, while after three weeks of muted bulk carrier contracting action, a notable order came to light last week.
The newbuilding market activity remains healthy for another week. The presence of Container orders remains strong, gathering the largest share of last week’s surfacing deals. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.