Olivia Watkins

file photo courtesy of Diamantino Rosa

Record Low Newbuild Orders Placed in Q2, 2019

By Olivia Watkins 2019-07-06 20:50:35

Newbuilding orders dropped to record lows in Q2 2019.  Bulkers The total number of bulker newbuild orders is down 73 percent for the first half of 2019 compared to the same period in 2018. So far this year, Panamaxes have been the most popular size to order with an interesting order placed by Klaveness Combination carriers for two Panamax CABUs (83,600 DWT, 2020, Jiangsu New Yangzijiang) which will increase the global fleet to a...

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