- Based on BIMCO data, newbuild orders in the first quarter of the year slumped 55% year-on-year.
- Only 6.6m dwt ordered across the three major shipping segments, down from 14.7m dwt last year.
- Deliveries from Chinese shipyards have been delayed because of the yard closures during the COVID-19 outbreak.
Confirmed newbuild orders in the first quarter of the year slumped 55% year-on-year with only 6.6m dwt ordered across the three major shipping segments, writes Sam Chmabers for Splash247.
Coronaviru...