Brokers surprised by heavy newbuilding activity

Shipyards are currently trying to raise the prices on newbuildings, but it's extremely difficult, a broker tells ShippingWatch. The average newbuilding prices have gone down 40 percent since 2008.
Photo: Hempel
Photo: Hempel

In the last three months, contracting activity has increased, especially within capesize bulk, but in product tank as well, and the activity is higher than expected, say several brokers to ShippingWatch.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading