30 Jul, 2014
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.