Subscribe to RSS feedCautious approach pays off
by
Jim Wilson
—
last modified
Aug 13, 2009 06:07 PM
STOCKHOLM-based NYKCool has been relatively cautious in recent times as far as tonnage acquisition is concerned and the company seems likely to continue with its ‘wait and see’ strategy for a while longer.
As NYKCool company spokesman John Rowland observes: “While having a pretty good idea of what type of newbuilding designs to go for, we have felt that yard prices have been much inflated by the stampede of orders for containerships, bulkers...
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