As the pains of the dry bulk market protract into this year as well owners feel propelled to delay deliveries of their fleet additions as they struggle to find decent rates for the existing fleet units.
This is particularly hurting Capesize owners who have pushed half of their Capesize newbuildings scheduled for delivery in the first quarter of 2016 to later in the year or beyond, according to VesselsValue.
The infographic above shows the number of capes and bulkers scheduled for delivery between January – March 2016 and how many have slipped or been cancelled.
World Maritime News Staff; Infographic: VesselsValue