Quality Marine Services (QMS), a subsidiary of Abu Dhabi-based Zakher Marine International (ZMI) yesterday signed deals worth $350m at unspecified yards in China

It might have been a quieter summer in terms of newbuilding orders, but with the first days of September now behind us, activity has rebounded.

Ship owners have kept on investing in newbuildings during the course of the past week, but the pace of orders has declined compared to the recent past. According to Clarkson Hellas, ordering this week has primarily focused in the dry bulk market and more specifically on the smaller Handysize and Supramax sectors, apart from a single Panamax

With Holidays just a week away, most ship owners have refrained from the new building market during the past few days, with only limited new enquiries being witnessed in the market. According to the latest weekly report from shipbroker Clarkson Hellas, "that is not to say that all activity has ceased however and we have continued to see new business being concluded in various sectors including bot...

There was a further rise in newbuilding ordering activity this past week, as ship owners are finding extra confidence, on the back of better market conditions, as highlighted by the dry bulk market's increase of almost 40% during the past month. According to the latest weekly report from Piraeus-based shipbroker Golden Destiny, a total of 45 vessels with an aggregate