Record newbuilding orders expected to emerge from ‘red hot’ Posidonia
Chinese shipyards have been leveraging their price competitiveness and slot availability to win orders from Greek shipowners
The febrile atmosphere of a Posidonia gathering populated by cash-rich owners preaching optimistic forecasts of sustained market fortunes has prompted some debate about the dangers of over-ordering. But shipowners remain unconcerned about comparisons being drawn to the last ordering supercycle of 2006-2008