The “feeding frenzy” continues to dominate the global ship order book

Mid-sized and feeder vessels continue to dominate the newbuild landscape.
Eastern Pacific Shipping and XT Shipping, controlled by Israeli businessman Idan Ofer, have ordered up to eight 3,100 TEU vessels at China Merchants Jinling Shipyard (Weihai).
There are four firm orders and options for four more ships. Confirmed orders are scheduled for delivery between 2027 and 2028, with each vessel priced at approximately $43 million.
This is the first time since 2018 that…

The article ‘Feeding frenzy’ still dominates global ship order book appeared first on The Loadstar.

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