General Shipyard / Shipbuilding News

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Michael H. Standart

Michael H. Standart

Member
Today's Feature Story from The Hellenic Shipping News:

Newbuilding activity looks to new year with emerging trend calling for slower market
quote:

Oversupply pressures both in the dry bulk and the tanker markets, as well as in the container business are calling for a much slower newbuilding ordering activity during 2012. An additional factor expected to put pressure on shipyards is the lack of financing for many companies, especially those operating from the European continent.
More HERE
 
Michael H. Standart

Michael H. Standart

Member
Today's Feature Story from The Hellenic Shipping News:

Newbuilding orders picked up in 2011, but 2012 expected to be a different story
quote:

With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, at 1,624 points, it’s worth taking a look at one of the factors which is expected to determine the future of shipping, i.e. newbuilding ordering activity.
More HERE
 
Michael H. Standart

Michael H. Standart

Member
From The Hellenic Shipping News:

Brazil’s Growing Pains: Can Local Shipbuilders Meet Brazil’s Growing Offshore Demand?
quote:

Brazil is hinging its economic future on crude oil, betting that huge fields discovered in recent years will create the basis for an industrial boom that could lead the country from emerging-market upstart to developed-nation powerhouse.
More HERE
 
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