Risks to shipping markets were in focus as analysts from Maritime Strategies International (MSI) shared their opinions and outlook on the dry bulk, container, oil and newbuilding sectors.
U-Ming Marine has entered into a shipbuilding contract with SUMEC Marine’s New Dayang Shipbuilding for the construction of two bulk carriers.
Security and insurance remain major concerns for any recovery of grain shipments from Ukraine ports despite the UN backed safe passage deal agreed on Friday.