Spate of bulker orders could derail hot market trend
Although turbulent times for shipping have highlighted the ability of the dry bulk owners to ride out cyclical storms, for the freight market to remain on track it is important that the fleet remains manageable in the coming years
Close to 21m dwt of new orders have been placed in 2021 and despite uncertainties, enthusiasm for new tonnage is showing no signs of dissipating. In deadweight terms, the orders are up 81.8% and 52.8% compared with the same period in 2020 and 2019 respectively
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