US EditionNew ship orders plummet
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energynewsbeat.coNew ship orders plummet
The global shipbuilding industry is currently experiencing a significant downturn in newbuilding orders, primarily due to regulatory uncertainties and geopolitical tensions. This decline is particularly evident in the dry bulk sector, where new orders have plummeted to what UK consultants Drewry has described as historic lows. In a new report, Drewry cited weak freight rates, …
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