Newbuilding Contracting Activity Remains Elevated

More newbuilding orders have continued to pour into global shipyards, as owners are looking to increase their exposure to both the wet and the dry bulk markets. In its latest weekly report, shipbroker Intermodal said that “on the dry side, A.E. Nomikos placed an order for an 82k dwt bulker at Oshima Shipbuilding for delivery ...

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