As many observers anticipated, financial pressures are starting to manifest themselves in the growing number of opportunities for newbuilding resales coming onto the market. In fact, the latest reports from S&P brokers are brimming with information about corporate deals arising from the misfortunes of one party or another, be it an owner, a financier, a charterer or a shipbuilder.rnSome of the resale opportunities are simply a consequence of buyers'default. However, cancellations are also arising even when contractual owners can get finance, when they are willing to sacrifice their deposit and cut their losses due to the trading prospects of the ship.
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