Mar 16, 2011

Uncertainty to hit the shipbuilding market on Japan crisis



Although, during the past few days, shipbrokers and analysts have been reporting deals of newubilding orders, ship owners are bound to pause and reflect on their future strategies, as current market conditions are much too unstable to even foresee what’s to occur in a few weeks time, let alone years. Shipbroker Fearnley’s yesterday wondered what will happen to ship building prices now?
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Source: Hellenic Shipping News

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