The week in newbuildings: Cosco, PIL and EPS lead $4.9bn ordering spree
- Almost 50 ships across the bulker, boxship, and gas and tanker sectors were disclosed over the past week
- In dry bulk, Cosco signed contracts with Qingdao Beihai Heavy Industry for three, container-friendly, newcastlemax bulk carriers for 2028 delivery
- In the gas segment, Eastern Pacific Shipping contracted its first-ever LNG carriers
Containership orders remain strong with Cosco confirming six 3,000 teu vessels, while Pacific International Lines signed letters of intent for eight neo-panamax boxships
