Bulker newbuilding orders for the first seven months of 2015 have fallen by over 90% year-on-year, according to Clarksons Research.
Less than 60 bulkers were contracted between January and July this year down from more than 1,200 in full year 2013.
Combined with the firm pace of deliveries, this has led to a 20% decline in the bulker orderbook since the start of 2015.
“Deliveries
