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Latest From Ship Recycling
A slowdown in order contracting will come as a welcome step towards rebalancing the market
Many new deliveries and a low number of demolitions add to crude fleet growth, which BIMCO expects will reach 5.3% this year, the highest since 2017
Cosco’s revelation that it has no plans to develop 25,000 teu containerships indicates a sense of collective caution among owners
Including this latest incident, 15 workers have lost their lives at Chattogram this year
German container line sees dark clouds but no cliff edge for box shipping
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