News / OM Maritime re-focuses first newbuild order and may opt for ULCVs

© Sinisa Botas

Singapore-based tonnage provider OM Maritime may opt for newbuild box ships in the 10,000-15,000 teu range, rethinking its plans to order 8,000 teu vessels.

MD Subhangshu Dutt told The Loadstar the recent surge in orders for 7,000-8,000 teu ships had created fears that there may be too many being delivered in a short time-frame.

“We noted a large orderbook in this segment, and all the units will be ready in a window of one year. Exercising caution, we felt it may be more ...