Ship owners turn to larger ship sizes in terms of newbuilding orders

An influx of new orders was evident this past week, especially for larger ship sizes. According to the latest report from shipbroker Golden Destiny, in total owners ordered 52 new vessels for a deadweight of 3,042,300 tons, while an additional 12 transactions were reported at an undisclosed contract price. The invested capital revealed is about $1,4bn for 35 new