Newbuilding market gaining momentum.

Newbuilding orders have kept growing, as owners are looking to book more berths, prior to them becoming unavailable. In its latest weekly report, shipbroker said that it was "an active week in the newbuilding market, as owners face increasing pressure and prices to secure the earliest delivery slots. We have yet more MR tankers on order due for construction at Hyundai Mipo for around $8-9m less than the methanol...