THE CREDIT CRUNCH AND SHIPBUILDING
World shipyards have a record order backlog. What effect will the global credit crunch have? [47 votes total]

No effect (12) 26%
A slow down in new orders (15) 32%
Cancellation of some existing orders (11) 23%
Cancellation of many exisiting orders (9) 19%


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Posted By: Athenian

Posted On: Apr 4, 2008
Views: 820
SeaSpan

Credit crunch doesn't seem to have stymied Seaspan, which has just got a mega loan


Posted By: BLUEBIRD

Posted On: Apr 2, 2008
Views: 865
LOI'S AND OPTIONS

We'll see fewer letters of intent become firm orders and fewer options declared