More Newbuilding Orders for Container Ships, as Dry Bulkers Dominate Second Hand Market

Newbuilding ordering activity has been rather active in the container shipping market, with bulkers being the main focus of the second hand market. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector Chinese builder Huangpu Wenchong contracted an order for 4 x 2,700 teu containerships from Ningbo Ocean Shipping. The …

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