Soaring charter rates means more orders for newbuild box ships

Non-operating shipowners and liner operators continue to order newbuildings as charter rates continue heading north.
S&P Global’s database shows Greek shipping magnate George Economou’s TMS Dry has placed firm orders for six 11,400 teu LNG dual-fuelled ships from Zhoushan Changhong International Shipyard in China.
Delivery is expected from late 2027 to late 2028, with options …

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