2020 won’t be a year to remember for newbuildings. A combination of pandemic, trade contraction and uncertainty surrounding existing and future regulation compliance guidelines, pushed more ship owners towards the S&P market for their tonnage needs. In its latest weekly report, shipbroker Allied Shipbroking said that it was “an overall quiet week for the newbuilding …
The post Newbuilding Orders Slowed Down at the End of the 2020, But Second Hand Bulker Demand Remained High first appeared on Hellenic Shipping News Worldwide.