Shipowners Stop Investing In Tanker And Bulker Newbuilding

Credits: Fredrick Filix/ Unsplash
  • The container sector has experienced an extraordinary couple of years making “gazillions of dollars” but is now facing a return to normality.
  • Even though earnings for tankers were very high the outlook was seen as uncertain with a “rough idea”.
  • The coming year would obviously be a tough one for the container sector but there was also a lot of optimism. 

In a discussion on where shipping markets were headed in 2023 the container sector is still waiting to settle...

https://mfame.guru/shipowners-stop-investing-in-tanker-and-bulker-newbuilding/

Growing Container Ship Building Business, A Fact File

  • It has long been argued that shipowners are abstaining from orders because they fear future decarbonization rules won’t grandfather in today’s carbon-emitting newbuild designs.
  • What’s happening now in container shipping implies that owners can overcome this fear if returns look high enough.
  • Turns out, when things are good, people will still order even if they are concerned what type of fuel to use.

A recent Freight Waves news article written by Greg Miller reveals that the new containership...

https://mfame.guru/growing-container-ship-building-business-a-fact-file/

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