Ports and Shipping - Newbuildings still in demand.
Byline: S. KAMAL HAYDER KAZMI
Newbuilding activity has kept its momentum over the past week, while SandP deals seem to have dropped off. In its latest weekly report, shipbroker said that 'activity in the newbuilding sector remained on a similar level to the previous week, with deals concluded for around 15 new vessels. Dry bulk orders returned after two weeks of silence thanks to domestic orders placed with Chinese builder Nantong Xiangyu Shipbuilding. These orders...
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