Using Intermodal this week and flipping things around.
- Starting with newbuilds. There are 51 firm newbuild orders + 3 options. Cido Shipping the big buyer with 24 orders across tankers and Car Carriers, and a JV has an order for 13 tankers
- 6 second-hand tankers sold, including an NMM MR2
- 14 bulkers sold
- 4 VLGCs - including a newer pair purchased by JP Morgan
On page 1 of the report is mention of Kuwait announcing a major oil discovery.