Newbuildings for USD 5.5 billion to the Middle East

The Middle Eastern carriers have newbuildings for USD 5.5 billion in the pipeline, corresponding to 87 ships.

Carriers in the Middle East have bet big on newbuilding investments, and at this time the pipeline holds orders for a total USD 5.5 billion. This figure correspond to a total of 87 ships ordered by the Middle Eastern shipowners, according to media Arabian Supply Chain.

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