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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

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