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Ship Owners Refrain From More Newbuilding Orders Despite Improving Market Sentiment

Ship owners have distanced themselves from contracting more newbuildings, despite the fact that sentiment for a number of segments, like tankers for example, is quite positive. In its latest weekly report, shipbroker Allied Shipbroking said that “the sluggish momentum noted in the newbuilding market as of late was intensified somehow during the past week, with ...

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