As market overcapacity subsides, shipowners start to order newbuilds again

Container carriers and non-operating shipowners (NOOs) appear to have finally reacted to the severe capacity constraints in the global vessel fleet with a surge of new orders with shipyards.
According to new Alphaliner analysis, after a sustained period in which few new shipbuilding contracts were signed, with the industry struggling to manage structural overcapacity, “the last two quarters have seen a massive wave of fresh containership newbuilding orders, especially for ultra …

The post As market overcapacity subsides, shipowners start to order newbuilds again appeared first on The Loadstar.

Source: The Loadstar

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