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30 Jul, 2014

Risks surfacing in LNG carrier business
Export suspension, drastic growth in free ships among risks The business of LNG carriers is experiencing sharp growth, but the risks are also multi...

 

Week 29 - Week ending 25 Jul, 2014

Newbuilding Ship Sales

The Newbuilding commentary

• New building activity declined this week due to weak market sentiment. Owners showed interest only in Panamax vessels and VLOCs. All the orders were bagged by Chinese builders this week • In the tanker newbuilding market, orders reduced from 0.96 million dwt the previous week to 0.3 million dwt.

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