Inflationary trends in the shipbuilding sector have pushed new ship prices up by 25% since their November 2020 low, the steepest rate of increase since 2005, according to Clarkson Research.
ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG, the Hamburg-based global investment manager.
Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers.
Container line Ocean Network Express (ONE) has mapped out a $20bn investment plan over the next decade, the majority for new vessels to help meet decarbonisation targets.
During the first two months of this year newbuilding orders received by China dropped 17% year-on-year, bringing to an end 12-months of growth in 2021.
Shanghai Waigaoqiao Shipbuilding and Regional Container Lines (RCL) have entered into the shipbuilding contract for two 7,000 teu containerships.