Intermodal Weekly Market Report – Week 20, 2021

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Despite worldwide vaccination, the pandemic remains with lockdown restrictions being imposed around the world. In addition, there is no clear view on which type of fuel will be the next generation one, yet with LNG retrofits gaining a bigger market share week by week.

However, today the shipbuilding tanker market activity witness a completely different outlook, with the volume of new building contracts emerging w-o-w being significantly strong and the NB values at levels that we last observed back in 2015.

A mixed picture emerged in the dry bulk market, with the bigger sizes losing ground and geared sectors enjoying improvements last week.

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Source: CapitallinkShipping

 

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