More or less in line with my own thinking. Far better deal than investing in drybulk assets and taking losses to hold wasting assets until and when the market stablilizes. This seems to me stupid investment unless already a large shipping group with strong balance sheet and profits to offset the lossed on the holding period. Definitely tankers is a more positive area to focus.
Diran Majarianon Mar 15, 2016
More or less in line with my own thinking. Far better deal than investing in drybulk assets and taking losses to hold wasting assets until and when the market stablilizes. This seems to me stupid investment unless already a large shipping group with strong balance sheet and profits to offset the lossed on the holding period. Definitely tankers is a more positive area to focus.