Article

The newbuilding market at the end of 2025 saw robust activity, with Greek interests ordering two LR2 product carriers and MSC contracting twelve LNG dual fuel units for future delivery. Additionally, Wan Hai Lines and MPCC placed significant orders for LNG dual fuel containerships and smaller units, respectively, while the S&P market experienced notable transactions, including the sale of the Capesize 'EUROPE' for $30.9 million.