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Newbuilding Orders for Chinese-Built Dry Bulk Carriers On the Rise

January 19, 2023


Newbuilding activity for 2023 has began to pick up the pace, with the main focus, so far, being orders on Chinese shipyards, mainly for dry bulk carriers. In its latest weekly report, shipbroker Allied Shipbroking said that “newbuilding orders over recent weeks have been focused on Chinese shipyards, particularly regarding dry bulk vessels. With Chinese New Year celebrations just around the corner, we might expect a reduction in such deals reported over the next couple of weeks.

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