Port News

Average newbuild price in 2024 cracks $90m, 30% above previous high

It has been a banner year for Asian shipbuilders with average prices for newbuilds hitting record highs.  According to the latest data from Clarksons Research, the average newbuild price in 2024 has hit $90m, 30% above the previous high set in 2022, and far above the average levels across the last decade of closer to …

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