News / Ship-buyers look for discounts as newbuild orderbook is squeezed hard

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The arrival of a bearish containership charter market could lead to delivery dates for newbuild vessels being extended and prices being renegotiated or even cancelled, according to Alphaliner.

“In the light of a weakening freight market, carriers could be tempted to try and get out of box vessel contracts signed at the peak of the market, or negotiate later deliveries at lower prices,” explained the consultant.

The current orderbook stands at about 7m teu, or 27% of the total global fully cellular ...