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The week in newbuildings: Bulkers and big tankers dominate activity

  • Global newbuilding activity surged last week with new orders placed for two containerships, 12 tankers and 33 bulk carriers
  • Ordering activity was driven largely by a major contracting round from China’s state-owned Cosco

With the exception of two aframax tankers ordered in South Korea, Chinese shipyards won all new orders in the past week

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