Shipbuilders are inclined to build their own newbuildings to secure works, recently.
Amidst new order depression worldwide, there appears builders who construct 'Stock Boat' on the premise of future resale or own the newbuildings and charter out to owners.
Particularly, many Chinese private-owned shipbuilders establish ship-owning companies and provide ship financing to owners.
Yangzijiang Shipbuilding has built ship-owning companies and decided to possess four 92,500-dwt bulkers, under construction at Jiangsu New Yangzi Shipbuilding ordered from Peter Dohle, jointly with the owner.
Also, Sinopacific Shipbuilding Group established Crown Ship in Hong Kong to own and manage its self-ordered newbuildings.
Besides, there are some small-and-medium sized yards which own newbuildings and suggest bareboat charter with optional purchase to owners, while Stock Boat is emerging in Japanese and South Korean yards as well.