Tag Archives | shipbuilding

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Shipping index sees major collapse

Shipping markets are usually a good leading indicator of future economic activity. They have their own supply/demand balances, of course. Not every uptrend or downtrend can be taken too seriously. But the Baltic Dry Index of ocean freight costs has done a good job for the blog in the past. So one cannot simply dismiss […]

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Shipbuilding hit by credit squeeze and long lead-times

The chemical industry moves a lot of product by ship. Recent rises in freight rates have therefore had a major impact on costs for producers and consumers. But there was always the thought that rates would soon decline, once shipbuilders began delivering all the new ships on order. But now Bloomberg is suggesting that 10% […]

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