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Alphabulk: More newbuildings postponed than expected

Far more newbuildings with planned deliveries in 2016 are being postponed, shows data from Alphabulk. The trend extends across all vessels in bulk - with one exception.

Photo: Hempel

Bulk's tendency to postpone the delivery of newbuildings in the squeezed sector is allegedly more intense than expected earlier this year. According to data from Alphabulk, the supply of all vessel types, except Supramax vessels, has shrunk as a consequence of postponing the deliveries from 2016 to 2017 and the scrapping of older tonnage.

Amongst large vessel types such as Capesize, the delivery of newbuildings was reduced by 13 percent over the first six months of 2016 and pushed ahead to 2017, which looks set to become a year where deliveries will increase by 16 percent.

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