SHIPOWNERS have placed a flurry of newbuilding orders recently as reports regarding a lack of available berths are triggering more decisive action, reports Hellenic Shipping News Worldwide.
In its latest weekly report, shipbroker Allied said that 'all eyes will have been on Hyundai Heavy Industries this week thanks to over US$1.5 billion in deals reported to have been added to its orderbook in the past week.
Greek owner Dynagas has returned for 200,000 cbm LNG carriers following on from its order for three such vessels at the same yard back in January.
The key difference being the price, estimated to be around US$15 million higher per vessel due to continued demand for gas carriers leading prices ever higher.
The yard's other client is NYK Line with an order for four slightly smaller 174,000 cbm vessels priced at around $257 million each.
Despite tanker newbuilding prices also reaching new highs month-on-month, there is no real sign of contracting stopping.
Although the pace of increase has decreased of late, up just 1.1 per cent in the past month, newbuilding prices have risen almost seven per cent over the last 12 months, the highest amount among the key tanker sizes.
SeaNews Turkey
In its latest weekly report, shipbroker Allied said that 'all eyes will have been on Hyundai Heavy Industries this week thanks to over US$1.5 billion in deals reported to have been added to its orderbook in the past week.
Greek owner Dynagas has returned for 200,000 cbm LNG carriers following on from its order for three such vessels at the same yard back in January.
The key difference being the price, estimated to be around US$15 million higher per vessel due to continued demand for gas carriers leading prices ever higher.
The yard's other client is NYK Line with an order for four slightly smaller 174,000 cbm vessels priced at around $257 million each.
Despite tanker newbuilding prices also reaching new highs month-on-month, there is no real sign of contracting stopping.
Although the pace of increase has decreased of late, up just 1.1 per cent in the past month, newbuilding prices have risen almost seven per cent over the last 12 months, the highest amount among the key tanker sizes.
SeaNews Turkey
