Newbuilding prices may be softening following a sluggish first half for the world’s shipbuilders, according to a leading Greek shipbroker.
It comes with each of the core markets seeing a sharp slowdown in newbuilding business in the opening six months of 2019 and what some believe is a record low in the second quarter.
The past week has seen a spike in deals for new tankers at South Korean shipyards, with brokers at Intermodal noting that the contracts showed a dip in average newbuilding prices.
