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Shipbuilding Ship operations Europe

Bulker owners return to Asia yards in $2bn order spree

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SHIPOWNERS have discarded concerns about the bloated orderbook, contracting an estimated $2bn in bulk carriers over the last eight weeks, as distressed South Korean and Chinese shipyards drop newbuilding prices by 40% to boost cash flow.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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