Newbuilding Orders Dry Out, But Investment in Second Hand Tonnage Still Rather Active

Capt. John

Public holidays in China and S. Korea have eroded investment appetite in the newbuilding market over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was another week with limited interest from potential buyers for newbuilding projects in both the dry bulk and tanker segments. On the …

The post Newbuilding Orders Dry Out, But Investment in Second Hand Tonnage Still Rather Active first appeared on Hellenic Shipping News Worldwide.

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