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NB cancellations exceed 1,000 mark
Posted: 23 Jun 2009 01:23 PM PDT
Shipbuilding cancellations in November last year reached 154 and similarly dismayed shippers and shipbuilders, but the worst is yet to come.
China Jan-May new orders plummet
Posted: 23 Jun 2009 01:12 PM PDT
New orders received by China's shipyards in the first five months of the year fell 96 percent from a year earlier to 1.18 million dead weight tonnes (DWT)