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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 anything but impressive. It is estimated that about 100 units have been ordered in 2020 so far, a far cry for their respective figure in 2019, with resilient newbuilding prices trimming appetite. In the tanker market, the low freight earnings and the poor sentiment has caused a decline in interest as of late. However, the softening noted in newbuilding prices has helped curb some of these concer ....

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Norwich Sea Unicorn's loss of affiliation may impact businesses


NORWICH - The recent changes to the Norwich Sea Unicorns’ Major League Baseball affiliation status could also have an impact on the local business community.
The Sea Unicorns’ loss of affiliation was announced on Wednesday via a release from the Detroit Tigers. Through losing affiliation, the Sea Unicorns lose access to money and other resources, making operations difficult.
“It’d be a real loss to the community if our franchise is no longer,” Sea Unicorns Senior Vice President C.J. Knudsen said.
The business side of the Sea Unicorns relies on multiple partners in the city, from the Norwich Holiday Inn being the hotel used for visiting teams and U.S. Foods supplying food to the Senator Thomas J. Dodd Memorial Stadium, to the team selling beer bought from Levine Distributing across the street, and fans going to nearby restaurants after a game. ....

Matt Grahn , Norwich Sea Unicorn Major League Baseball , Sea Unicorn , Sea Unicorns , Norwich Holiday Inn , மேட் கிரான் , நார்விச் கடல் யூனிகார்ன் முக்கிய லீக் பேஸ்பால் , கடல் யூனிகார்ன் , கடல் யூனிகார்ன்ஸ் , நார்விச் விடுமுறை சத்திரம் ,