General cargoship and MPV newbuild orderbook booms as sector embraces efficiency demands
- Fleet renewal in the general cargoship and associated MPV sector is accelerating as owners opt for larger and more sophisticated ships
- Investment has been particularly focused on the so-called medium-range segment as part of a general upsizing by owners
- Nevertheless, the orderbook appears slim compared to most other vessel sectors
Latest tonnage is being designed with higher specifications than previous generation vessels and typically include low-carbon fuel readiness and enhanced cargo stowage capability
