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Confidence sinks over vessel orders

Moore Stephens report also concerned about the effect on the industry of lower oil prices and the growth of investment by financiers from outside shipping

Published Tue, Apr 7, 2015 · 09:50 PM

Strait Talk

CHINESE shipyards won 47 per cent of all new shipbuilding contracts in 2014. That is one of many facts contained in Paris-based shipbroker BRS Group's newly published Annual Shipping Review and possibly a reason why the publication is available in Chinese for the first time this year, as well as in English and French.

Worryingly, BRS says that in total some …

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