BTI Winter 2021-22

Page 49

shipbuilding

47

DESIGN S FOR THE FUTURE As the shipbuilding market remains buoyant, shipbuilders are devising ever-more effective designs that will improve the efficiency, cost effectiveness and environmental friendliness of fleets and overhaul the shipbuilding process

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THE COMPACT AND CONTAINERISED WÄRTSILÄ HY MODULE FOR BULKERS INSTALLED ON BOARD THE M/V PAOLO TOPIC © MARFIN

here was a strong start to the year in the shipbuilding market with a number of orders, many of them being placed with Chinese yards, emerging during the first few days of the New Year. There were a lot of orders placed in the gas segment, although a slow start as far as dry bulk orders were concerned, although shipbroker Allied said recently that it expected dry bulk orders to pick up. There were orders from Bocimar for two bulkers and an order by Wisdom Marine for one. There was also activity in the sale and purchase market for dry bulk ships. Allied said in its weekly assessment that “a modest start took place in the SNP market, given the fair number of units changing hands during the first few days of the year. We already see that buying appetite is firm, while being relatively fairly distributed across the different size segments and age groups. Given that we are only at onset of the year, a lot will depend on how things develop from the side of earnings in the near term. “To be more precise, as to whether we are about to witness a continuation of the robust momentum, similar to that took place during the previous year or so, or if things are on the verge of a shift.

BULK TERMINALS

international  | WINTER 2021-22


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