VesselsValue: Quarterly forecast for cargo ships

Amid an ongoing trade war between China and the US, as well as major geopolitical tensions globally, it is likely that total ordering activity will be softer near term, representing a downside risk to the positive development of newbuilding prices, according to VesselsValue.

Following increased combined total ordering activity (bulker, tanker, container, gas) in the first half of 2018, the pace slowed down.

While the sentiment is positive and ship prices are seen moving upwards in the forecast,...

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