The Newbuilding market has seen yet further reports of new business being concluded across a range of sectors this week, including the Product Tanker, Gas and PCC markets amongst others. These first of these sectors in particular has already seen a good level of ordering activity and this latest business certainly helps maintain the momentum that has been generated so far this year.
STX are reported to have had a busy week winning orders from 2 separate owners for MR product tankers. Firstly, they are reported to have signed 2+2 x 50K Units with Alterna Capital Partners for delivery from 2Q 2013 from Jinhae in Korea. Secondly they are understood to have signed with clients of Tanker Pacific for a series of 4+4 x 50K Product carriers.
Download: REPORT 30-4-12.pdf