‘Astonishing’ 43m cgt of new ships set to flood the market this year

The extraordinary busy scenes at Asian shipyards are redolent of the years following the global financial crisis.  Annual newbuild deliveries reached a seven-year high in 2023, when 35m compensated gross tonnes (cgt) was added to the world fleet, according to a new report from Danish Ship Finance, which also details how an “astonishing” 43m cgt …

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