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07 April 2020 The on-line newspaper devoted to the world of transports 11:24 GMT+2

August 27, 1998

All quiet on newbuilding, S&P fronts

By David Hughes

THE Sale & Purchase brokers have had little to report on the second-hand vessel scene in recent weeks and the activity in the newbuilding market has also been subdued. The driving forces behind the two markets are not identical but the very low dry bulk freight rates have meant many owners are letting vessels go, including some Indian ......
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