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Shipping Head Warns of Market Risks and Advises Restraint in New Orders · Cyprus Report

Business · Cyprus

Shipping Head Warns of Market Risks and Advises Restraint in New Orders

1 sourceFirst reported 2 hours agoUpdated 2 hours ago

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Polys V. Hajioannou, head of Safe Bulkers and president of the Cyprus Union of Shipowners, has emphasized the need to curb new vessel orders.
He also highlighted the importance of preparing for a potential correction in the freight market due to ongoing risks.
These warnings were delivered during a recent discussion regarding potential disruptions and changes in the shipping industry.

Generated by AI from the 1 sources below · always verify with the originals

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Generated by AI from the 1 sources below · always verify with the originals

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AI summary: catch up in 20 seconds

Polys V. Hajioannou, head of Safe Bulkers and president of the Cyprus Union of Shipowners, has emphasized the need to curb new vessel orders.
He also highlighted the importance of preparing for a potential correction in the freight market due to ongoing risks.
These warnings were delivered during a recent discussion regarding potential disruptions and changes in the shipping industry.

Generated by AI from the 1 sources below · always verify with the originals

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