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.

by DANIEL LOGAN

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.

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