Ship Owners Slowdown Their Investments As Global Economic Uncertainty Persists

Activity in the newbuilding and S&P markets appears to be slowing down lately, as global economic headwinds are taking a toll. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the tanker sector, Pan Ocean placed an order to an undisclosed shipyard for the construction of 2 x 330,000 …

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