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Shipping - 15 November 2016

Dry bulk shipping to recover on muted vessel supply

Moderating vessel supply growth with a small improvement in the outlook for seaborne trade will help reduce overcapacity and enable a recovery in the dry bulk shipping market, according to Drewry.

 

New ship orders collapse

Japanese shipyards received just two orders to new dry bulk carriers in October, compared to 27 the year before.