Green retrofits to dominate the ship repair market of 2023.

Shipyards across Europe, Med and the Black Sea are expected to be fully booked during 2023, as a multitude of projects, many of which will be environmental retrofits, are expected to take place. In its latest weekly report, shipbroker said that "while observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The next year, 2023, is going to come with the pandemic being almost completely out of the picture. The effect of inflation on ship repair costs will start being harmonized and balanced after major corrections are...