Newbuild prices have peaked with some experts predicting, says an article published on Capital Link Shipping.
Steel plate prices
They will drop by up to 10% in the coming 12 months.
Despite extensive orderbooks at yards in Asia, often stretching into 2026, and still above average shipping markets, there is now a clear trend that prices have plateaued, in no small part thanks to the drop in steel plate prices.
Did you subscribe to our newsletter?
It’s free! Click here to subscribe!
Source: Capital Link Shipping