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Newbuilding report dated 28 May 2019

Strong ordering resumes on the newbuilding front, with another generous round of freshly inked deals surfacing in the past days across all of the more conventional sectors, while the presence of Greek owners behind a good share of these contracts remains substantial and impressive. Among the list of orders below, the Ultramax one is the most notable, with the size having seen no action for more than a month and a half and Supramax/Ultramax orders down more than 30% year to date. Having said that, if the market does manage to retain its current stability and even improve during the second half of the year we do expect more action in the size given its overall healthy performance and lack of volatility as far as earnings are concerned. 

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: 29 May 2019

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