The international freight market is likely to benoversupplied with vessels by 2010 although there is anrisk some Asian ship builders may fail to fulfill contracts,naccording to Peter Malpas, group Asia-Australia researchnmanager for Braemar Seascope. Presenting his outlooknfor the freight market to 2010, Malpas said there was anthreat that inexperienced ship builders may be unable tondeliver ordered vessels.
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