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Export growth, Miles driven, Ship orders

Summary:
Ship Orders Fall to Lowest Level in 15 Years Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels. There were 3,200 vessels of a combined 81 million gross tons ordered globally in the first quarter, the lowest figure since 2004, marine data provider Clarksons PLC said in a report released Friday. Headline export and import news still negative: Taiwan Export Orders Fall for 5th Straight Month Thai Imports Fall Sharply in March Thai Exports Drop More than Expected

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Export growth, Miles driven, Ship orders

Export growth, Miles driven, Ship orders

Ship Orders Fall to Lowest Level in 15 Years

Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels.

There were 3,200 vessels of a combined 81 million gross tons ordered globally in the first quarter, the lowest figure since 2004, marine data provider Clarksons PLC said in a report released Friday.

Headline export and import news still negative:

Taiwan Export Orders Fall for 5th Straight Month

Thai Imports Fall Sharply in March

Thai Exports Drop More than Expected

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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