High Newbuilding Prices Not a Deterrent Factor for Shipowners
High prices and low rates haven’t been able to deter owners from booking more newbuilding orders. In its latest weekly report, shipbroker Allied said that “the market remains in a similar state to that seen over recent weeks, with a shift in contracting patterns perhaps more likely as the summer holiday period ends and everyone returns to business as usual. Prices remain high due to demand for high value vessels, inflation, and so on. In the case of bulkers in particular, this has driven something of a disconnect between NB ...
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