Carriers

Dry bulk shipowners have drained yards' newbuild stockpiles

Shipyards have virtually no newbuild resale vessels left from canceled contracts to sell, says Celsius Shipping CEO Jeppe Jensen.
Photo: Breakwater Shipping
Photo: Breakwater Shipping
by OLE ANDERSEN

Carriers and other investors' acquisitions of dry bulk newbuilds directly from shipyards – so-called resales, for which the original buyer has been either unable to pay or has had the contract canceled – are over. Shipyards have virtually no unsold dry bulk vessels left, Celsius Shipping CEO Jeppe Jensen tells 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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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

    Related articles

    Sign up for our newsletter

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

    Newsletter terms

    Further reading

    Jobs