Independent journal on economy and transport policy
08:34 GMT+2
A cheap deal may turn out to be costly in the long run
(Shipping Times)
June 3, 1999
By David Hughes
THE low prices in the newbuilding market continue to attract owners to Asian yards while European shipbuilders are near to despair at the prospect of empty orderbooks.
So now is certainly a good time to order a vessel if, but only if, the trading prospects justify the move. That basically means that newbuildings should be ordered against ...... Read more on Shipping Times
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