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Newbuilding Market Slowing Down as Holiday Season Nears | Hellenic Shipping News Worldwide - Vimarsana News

Newbuilding Market Slowing Down as Holiday Season Nears | Hellenic Shipping News Worldwide

Newbuilding Market Slowing Down as Holiday Season Nears Newbuilding ordering activity has taken a back seat, as the Holiday Season approaches. In its latest weekly report, Allied Shipbroking said that “an anticipated slow-down was witnessed in the newbuilding market as we are approach the end of the year, with most buying appetite seemingly rescheduled for 2021. In the dry bulk market, the overall positive momentum in the freight market noted over the last couple of months has improved sentiment and revived interest. The number of projects being completed though in the year so far is anythi...