Independent journal on economy and transport policy
19:05 GMT+2
PANAMAX NEWBUILDINGS SOAR FOR THIRD YEAR
(Shipping Times)
November 20, 1997
Orders have shown no link to freight trend: consultant
[LONDON]
Panamax newbuilding activity has refused to conform to cyclical freight market tendencies.
The perceived long-term investment potential for these vessels has led to 6 million dwt of tonnage being ordered for the third year in succession, ignoring the freight market collapse in 1996, a new report ...... Read more on Shipping Times
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