Bulker newbuilding orders at second-lowest level on record since 2001
2019 is so far the second-weakest year for newbuild orders in the dry bulk segment since 2001, stronger only than 2016, which saw an exceptionally low 127 orders, Braemar ACM data shows. Ordering has been down 30% as compared with 2018
Freight market uncertainty, short- and long-term costs from regulations are the main reasons holding back owners from ordering new ships