Shipper radar: Sherlock and the case of the big, fat inventory
When you have eliminated the impossible, whatever remains, however improbable, must be the truth
Newbuild spend for Vehicle Carriers (LCTCs / PCTCs / PCCs) smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac.
An astonishing amount of money for a niche sector, exceeding the previous 6 years total combined. If we include options, a whopping $4.4 billion has been agreed year to date.
Japanese shipyards have raised tariffs to $100 million for dual fuel LNG 7000 CEUs, up by a staggering $10 million compared to last year.
Chinese yards have ...