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More Newbuildings Ordered Last Week

A series of newbuilding orders were concluded last week, as more owners entered the market. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with contracting spread across the container, tanker, car carrier and LNG sectors. In the container sector, Thai-based Owner Regional Container reportedly contracted 4x 1,900 ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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ENGINE: East of Suez Fuel Availability Outlook

Singapore and Malaysia Singapore’s VLSFO market has tightened, with lead times now ranging from around 9-16 days, compared with 7-19 days a week earlier.

  • East of Suez fuel availability tightening, lead times extending for bunker grades
  • Singapore VLSFO market more constrained, lead times 9-16 days
  • Malaysia Port Klang experiences constrained supply, VLSFO lead times about ten days

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