Orders for new ships dry up as demand plunges and yards go into lockdown

Ocean carrier fleet expansion is on hold as the liner industry fights for survival amid Covid-19 lockdowns around the world. According to BIMCO chief shipping analyst Peter Sand, orders to shipyards ...

BIMCO Calculating Capacity coronavirus ship scrapping Shipyards ULCVs

Apr 6, 2020• Comments•

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News / Shipyards won't be able to meet future demand for greener vessels

“If you look at the market right now, it is easy to take the position ...

IMO low-sulphur regulations orderbook overcapacity Shipyards

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Recommends / Coronavirus: Chinese ports grind to a halt and yards declare force majeure

Chinese ports and shipyards are slowing operations as the coronavirus takes its toll, reports Splash ...

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Recommends / Seoul to spend more on 'struggling' Korean shipyards

South Korea’s government is set to spend $61m to support local shipbuilders as the industry ...

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BIMCO Calculating Capacity coronavirus ship scrapping Shipyards ULCVs IMO low-sulphur regulations orderbook overcapacity China Korea Seoul