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Brokers: Shipowners ordering tankers on a large scale

There is still significant activity in the newbuilding market, with shipowners focusing in particular on orders for new tanker vessels, according to reports from several leading shipbrokers. Ordering activity in dry bulk remains slow.

Photo: Maersk Tankers

Shipowners continue to order new tanker vessels on a large scale, and Greek owners in particular have surprised in recent weeks with several orders for primarily Suezmax crude tanker vessels. On the other hand, ordering activity in dry bulk remains low, as only a few ships are ordered due to the historically low market in the sector, reports  Hellenic Shipping News on the basis of reports from several leading shipbrokers.

"Tanker ordering is what really took off, with a strong number of Greek owners having finalized orders that have been in the works for some time. Most have now centered around the crude oil tankers, with the Suezmax proving to be a favorite as many see higher demand prospects there," notes Allied Shipbroking, adding that several MR orders had been placed as well.

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