In the latest edition of its weekly newsletterFearnleys noted newbuilding activity “is slowing somewhat down” but was quickto point out that slots at many facilities are still commanding premiumsdespite the recent lull.

“Although prices remain firm, thereseems to be little willingness to order ships since prices are at a three-yearhigh and most deliveries offered are in 2017,” it told clients in an alertissued late Wednesday afternoon.

The