Lithium batteries blamed for blaze at UK warehouse storing electric scooters
Breaking out in the small hours of Sunday morning, another lithium battery fire, this one ...
VESSELSVALUE.COM writes
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 followed but maintain a healthy discount quoting $88 million for an equivalent spec. Rapid steel price inflation combined with a post Covid supply vacuum, have skyrocketed newbuild prices following a baron period of low orders stretching back to 2016.
All 40 Vehicle Carriers confirmed this year (56 including options) are dual fuel LNG powered, forming a premier PCTC/LCTC asset class for an electrified car market.
Go here to read the full blog by vesselsvalue.com analyst Dan Nash.
Comment on this article