The global shipbuilding market experienced varied activity over the past week, with newbuilding orders added at a slower pace compared to previous weeks. Shipbroker Allied Shipbroking highlighted a boost in dry bulk deals, making it one of the busiest weeks for bulker contracting in several months. Orders for Very Large Ore Carriers (VLOCs) and Post Panamax vessels demonstrated confidence in methanol as a green fuel, reflecting a shift towards methanol DF bulkers. On the tanker side, Euronav made moves with three newbuildings, including an optional VLCC. However, Allied noted a steep decline in Capesize spot freight market values, adding potential negative pressure to prices. Meanwhile, Banchero Costa reported a quiet week for newbuilding activity in the dry bulk and tanker sectors, with notable orders for Aframax tankers and ore carriers. In the sale and purchase market, there was increased activity in Capesize vessels, but the positive momentum was tempered by a significant drop in Capesize spot freight market values. Overall, the shipbuilding and sale and purchase markets exhibited mixed dynamics across various vessel types.

