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Newbuilding report dated 26 February 2019

Despite the smaller list of freshly inked deals surfacing compared to the week prior, contracting activity in both the dry bulk and tanker sector remains healthy indeed, with the pair of Kamsarmax units ordered by Foremost Group bringing the number of firm 2019 reported orders in this size to thirteen. This translates to an admittedly impressive 30% increase for Kamsarmax orders year to date, which comes as additional confirmation that newbuilding activity continues to find inspiration much more on expectations of a stronger market in the next couple of years and less on the performance of the freight market in the year so far, which on its own has been anything but inspirational for additional ordering.

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.

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Posted: 04 March 2019

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