The week in newbuildings: Circa $3bn worth of orders signed across tanker, gas, boxship and bulker sectors
- New orders for four bulkers and four boxships together with eight tankers and 11 gas carriers were disclosed in the past week
- Notable deals were placed by d’Amico International Shipping, which returned to Jiangsu New Yangzijiang for further product tankers
- TMS Cardiff Gas is expanding its LNG carrier portfolio after an agreement for up to six newbuildings at China’s Hudong-Zhonghua Shipbuilding
Ordering activity highlights the continued need for fleet renewal despite long delivery horizons stretching out to 2029
