Newbuilding Contracting Keeps Strong Momentum

Newbuilding ordering activity has kept its upwards momentum, with more contracting being reported. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week; In the container sector, Chinese owner China United Lines placed an order for 2x 14,000 teu containerships at Hudong-Zhonghua for around USD 150 million each, ...

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