You are here

New ship orders threaten to derail recovery

Monday, September 15, 2014 - 12:09

[LONDON] Overcapacity threatens to derail a fragile recovery in the global shipping sector as ship owners and investors place orders for new vessels betting on better times, a survey showed yesterday. Ship owners ordered large numbers of vessels between 2007 and 2009, just as the global economy

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom