Subscribe to RSS feedBoxship ordering likely to restart in 2011
by
Janet Porter, London
—
last modified
May 17, 2010 10:28 AM
CONTAINERSHIP ordering activity could resume in 2011 after being at a virtual standstill for the past year as the collapse in trade brought the contracting bedlam of 2007 and early 2008 to an abrupt halt.
Shipowners spent much of 2009 desperately trying to tear up orders or delay deliveries, with limited success.
Alphaliner estimates that cancellations only account for about 7% of the orderbook Most shipyards have been reluctant to do more than just shift...
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