Bulk

Orders for dry bulk newbuilds decline in 2019

Bulker shipping companies' orders for new vessels this year is currently at the second-lowest level since 2001, writes shipbroker Braemar ACM. The number of orders have dropped 30 percent compared to last year.

Photo: PR / Ultrabulk
Photo: PR / Ultrabulk
BY DANIEL LOGAN BERG-MUNCH

Across the board, shipping companies are currently hesitant to order new dry bulk vessels.

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