Braemar boosted by ‘strong’ newbuilding activity
The company reported that newbuilding activity has been strong in recent months. Elsewhere, dry cargo chartering rates started the year weakly because of the Brazilian iron ore supply interruptions and tanker chartering has been impacted by a combination of weaker oil demand and unusually high delivery of new vessels, but these two areas appear to be improving
‘Our newbuilding activity has been strong in recent months and has added to the forward order book,’ Braemar said
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