Global shipyards that were retrenching and consolidating in a faltering maritime market barely more than a year ago are now flush with new orders, boosted by efforts by shipping lines to add capacity to meet resurgent consumer demand in Western economies, says in article published on WSJ website.
Shipbuilding OrdersOrders for new container ships in the first five months of this year were nearly double the orders for all of both 2019 and 2020, according to London-based maritime data provider...
https://mfame.guru/shipping-lines-to-add-capacity-to-meet-resurgent-consumer-demand/