Newbuild orders slump 64% in year to date

Shipbuilders are braced for another slow year for new contracts with data published on Friday by Clarkson Research Services showing newbuild orders are down 64% year-on-year with coronavirus adding to market uncertainty. Just 65 ships have been ordered in the first 10 weeks of the year. The news follows on from a slow 2019 where … Continue reading Newbuild orders slump 64% in year to date