THE intention of shipowners to push ahead with their fleet modernisation and expansion plans has accelerated the pace of newbuilding ordering activity.
In its latest weekly report, shipbroker Allied Shipbroking said that 'with the summer lull period having come to an end, interest for new contracts is starting to gain pace with several new orders coming to light this past week.
'However, this increasing activity seems to have focused in its majority right now on the containership sector, where seven new contracts emerged for a total of 44 new vessels, with most of these belonging to the smaller more versatile the feeder subcategory.'
Seven new vessels were ordered on the dry bulk side and seven new vessels were added to the tanker orderbook.
Hellenic Shipping News noted that a separate newbuilding report by Clarkson Platou Hellas also highlighted that more feeder vessels have been ordered in the container shipping market, with several other feeder deals backed by an Evergreen long-term charter also due to be signed in the coming weeks.
'Arkas Line have replaced the ships they ordered at the failed Zhejiang Ouhua Shipbuilding at Huangpu Wenchong Shipyard by signing during the SMM exhibition this week for two plus two 3,100-TEU vessels for delivery in 1H 2020,' said the Clarkson report.
'Nordic Hamburg have also further extended their series at the same yard for a further pair of dual fuel 1,400-TEU ships for charter to Containerships of Finland, taking the series to six. These latest ships will deliver in the first half of 2020. Finally, the Chinese domestic operator Wuhan Newport Datong has ordered a pair of 500-TEU feeders at CSC Jiangdong Shipyard for delivery within 2020
In its latest weekly report, shipbroker Allied Shipbroking said that 'with the summer lull period having come to an end, interest for new contracts is starting to gain pace with several new orders coming to light this past week.
'However, this increasing activity seems to have focused in its majority right now on the containership sector, where seven new contracts emerged for a total of 44 new vessels, with most of these belonging to the smaller more versatile the feeder subcategory.'
Seven new vessels were ordered on the dry bulk side and seven new vessels were added to the tanker orderbook.
Hellenic Shipping News noted that a separate newbuilding report by Clarkson Platou Hellas also highlighted that more feeder vessels have been ordered in the container shipping market, with several other feeder deals backed by an Evergreen long-term charter also due to be signed in the coming weeks.
'Arkas Line have replaced the ships they ordered at the failed Zhejiang Ouhua Shipbuilding at Huangpu Wenchong Shipyard by signing during the SMM exhibition this week for two plus two 3,100-TEU vessels for delivery in 1H 2020,' said the Clarkson report.
'Nordic Hamburg have also further extended their series at the same yard for a further pair of dual fuel 1,400-TEU ships for charter to Containerships of Finland, taking the series to six. These latest ships will deliver in the first half of 2020. Finally, the Chinese domestic operator Wuhan Newport Datong has ordered a pair of 500-TEU feeders at CSC Jiangdong Shipyard for delivery within 2020