Trade News > Maritime News > Ship Orders Sinking

Ship Orders Sinking

Peter Leach | Jun 15, 2009 4:00AM GMT
The Journal of Commerce Magazine - News Story
With demand weak, container lines are starting to give up on the big vessel purchases of recent years

Saddled with contracts to build more ships than they need for the foreseeable future, shipping lines and charter ship owners are trying to cancel orders or at least delay delivery of new


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