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Maritime Strategies International

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    Opinion » Favouring freight rate recovery over fleet expansion

    October 26th 2018 Following a four-year splurge in newbuilding contracting that culminated in more than 300,000 Car Equivalent Units (CEU) being ordered in 2015 alone, less than 20,000 CEU were ordered during 2016 and 2017. Maritime Strategies International (MSI) has recorded just two orders this year, a 2,200 CEU vessel designed for Chinese coastal trade and a 7,000 […]
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