Shipyard orderbooks dry up
Published: Thursday, 15 September 2016
Depressed rates result in decreased orders for new dry bulk mineral vessels in Asia.
Shipyards will be hit by persistently low rates in the dry
bulk, container and offshore markets, with this year expected
to set the record for the lowest newbuilding contracts in more
than 20 years.
The reduction in newbuild dry bulk may lift the Baltic Dry
Index (BDI), which has been...