BEIJING—A Chinese shipbuilder has declared force majeure on deliveries of two newcastlemax dry bulk vessels, a company spokesman said on Feb. 12, as a coronavirus outbreak and prolonged holiday impeded workers from returning to work.
Jiangsu New Times Shipbuilding Co., with a production capacity of 5 million deadweight tonnes (DWT) per annum, has issued a force majeure notice to 2020 Bulkers, a Bermuda-based cargo operator, following the coronavirus outbreak.
