Covid 19 Coupled With Other Factors Stifle Shipbuilding Future

Capt. John
  • The global shipping industry is in the midst of one of its biggest changes in a generation after the imposition of stricter environmental rules.
  • Ship owners face paying more for cleaner fuel, retrofitting ships with pollution-reducing scrubbers or even ordering new vessels.
  • Covid-19 has compounded the uncertainty by upending supply chains and stalling trade flows.
  • Orders to buy ships plunge to a 20-year low due to uncertain over environmental regulations and the economic fallout from the...

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