Shipping lines looking to put newbuilds on the back burner

Capt. John

WITH an increasingly pessimistic cargo demand outlook, ocean carriers are said to be in talks with shipyards to defer delivery dates for some of the 2.3 million TEU of newbuild tonnage due this year. Shipbuilding contracts usually incorporate a clause to facilitate the pushback of completion by six months or more, depending on the stage of construction and pressure from other orders, according to London’s Loadstar. But with the container liner industry facing several challenging quarters, the...

https://www.seanews.com.tr/shipping-lines-looking-to-put-newbuilds-on-the-back-burner/195502/

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