Newbuilding orders focus on various types of tonnage.
A number of deals were concluded in the newbuilding market this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that "having been under discussion for some months, COSCO Shipping have now signed contracts for a total of 16 firm plus two option Newcastlemax at a number of yards in China for carriage of Bauxite from Guinea to China. COSCO Yangzhou took orders for eight firm plus two options; Beihai and Xingang shipyards (both within the CSIC Group) signed for three ships each; and DACKS secured contracts for two vessels. Delivery of...
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