High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
China Navigation Company (CNCo) confirmed today the newbuild order of four new handysize bulk carriers from Imabari Shipbuilding in Japan.
This latest order, signed on 7 June brings the company’s newbuild orderbook to 23, all of which are B.Delta37 designs from Deltamarin. CNCo notes that Swire Bulk, CNCo’s parent company, took delivery of its fifth B.Delta37 from Chengxi Shipyard that same week.
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