Subscribe to RSS feedBloated bulker orderbook `disastrous'
The world's bloated bulk carrier orderbook “spells disaster” for shipping markets and could produce “a wave of destruction for banks to rival the subprime crisis”, one of London's most respected shipbrokers has forecast.
Howe Robinson's annual dry cargo report for 2009 appealed for owners, banks and shipyards to urgently and responsibly work together to re-order newbuildings and keep shipping solvent over the next decade.
The newbuilding profile needs putting back in a...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
