Newbuilding Activity Booming

AI Summary

Shipbroker Banchero Costa reports exceptionally strong newbuilding activity, with 83 new vessel orders recorded during the week—the highest weekly total outside holiday periods. Contracting was broad-based across sectors including tankers, container ships, and bulk carriers.

Fresh newbuilding contracting activity has been recorded over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this week, with 83 new orders, the highest weekly total reported by BRL outside holiday weeks. Activity was broad-based, with significant contracting across the tanker, container, bulk carrier, car ...