As VesselsValue’s Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and and which vessel types have been popular purchases, it is revealed that newbuilding orders fell to record lows during the second quarter of 2019.
Bulkers
The overall number of bulker newbuild orders reduced 73% for the first half of 2019, in comparison to the same period in 2018. Specifically, so far this year, Panamaxes have been the most popular size to order.
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