Ship Orders Collapse; Will Rate Boom Follow?
Aug 3rd 2020 5:00am EDT
Ship Orders Collapse; Will Rate Boom Follow? Tyler Durden Mon, 08/03/2020 – 05:00 By Greg Miller of FreightWaves, Pre-COVID, the bull case for shipping rates was all about plunging newbuild orders. A drop in orders in 2019 pointed to rising freight rates in 2021, given the lag between contract signing and delivery. Mid-COVID, the bull […]
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