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At the 76th session of the Maritime Environmental Protection Committee (MEPC 76), the IMO has prohibited the use of cybutryne in antifouling systems (AFS) from 1 January 2023, as studies have proven that the substance is harmful to a variety of marine organisms.
The newbuilding market is entering 2023 strongly with container orders leading the way, despite the fact that the respective freight market follows a falling trajectory.
Newbuilding sector demonstrated a healthy ordering activity during the last week. More specifically, orders emerged across all main sectors.
In the newbuilding segment, orders surfaced across almost all sectors, with crude orders once again abstaining from the newbuilding list after the recent MOL and Euronav contracts.
Sentiment remained firm in the newbuilding contracting activity. Orders have surfaced across all main sectors indicating a healthy buying interest.
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.
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