Newbuilding Market Slowing Down

Newbuilding ordering activity slowed down over the past week, after a series of strong contracting. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity slowed. The big player MSC increase his orderbook with 4 + 4 x 21,700 teu vessels at Zhoushan Changhong. The price reported at $220 mln apiece, delivery will …

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