The week in newbuildings: milestone order for India-built boxships among 43 newbuilds this week
- Strong activity was recorded in the boxship, dry cargo and tanker sectors
- Boxship sector provided 65% of orders and included a landmark contract for six gas-powered vessels at India’s Cochin Shipyard placed by CMA CGM
- In the tanker sector, an Oslo-listed shipowner confirmed a letter of intent for two scrubber-fitted VLCCs at China’s New Times Shipbuilding
Investment in new ships remains strong, in particular in the feeder containership sector
