Festive season puts a lid on ship acquisitions

The holiday season has affected the overall turnover of ship acquistions deals prior to Christmas with the current week not expected to exhibit any different signs. According to a weekly report from Piraeus-based shipbroker Golden Destiny, last week was marked by a slow pace of overall sale & purchase activity, with the shipbuilding industry accounting for 46% of the total deals reported, while after weeks of stalling, the demolition market is also picking up its pace.
[Read More]
Source: Hellenic Shipping News