Newbuilding orders to rise 30%

The total of newbuilding orders for this year is expected to increase by 30% versus last year to 40.13m CGT.
Um Kyeong-ah, researcher at Seoul-based Shinyoung Securities, casts a prospect as saying, "newbuilding prices would rise by about 10% at the end of the year against the beginning of the year.
[Read More]
Source: Asiasis