Greek and other European shipowners are starting to turn to the newbuilding market to make opportunistic investments in the face of rising secondhand prices.
Shipyards in Japan report an uptick in speculative interest from owners in ordering directly rather than through traditional Japanese long-term chartering schemes involving local owners and finance.
There are some indications there may be better value and more scope for an upswing in values in the newbuilding market after recent secondhand price rises.
