“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding prices…
Author: Capt. John
https://www.marinelink.com/news/bulk-vessel-newbuild-contracting-fades-523446