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BIMCO attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5) to further develop the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels.
February kicked off with tanker units attracting most of the owner’s interest. 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.
Newbuilding activity was mainly focused on the dry bulk sector this past week. 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.
The newbuilding sector remains subdued with no obvious signs of recovery present in any shipping market. 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.
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.