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The first full-year results of the product tanker segment spell good news for the industry going forward, Deutsche Bank shipping analyst Amit Mehrotra tells ShippingWatch. He sees daily MR-rates improving over the next two years.
A full rehabilitation in the dry bulk sector is still some years off, but three listed dry bulk carriers in particular hold interesting opportunities for new investors, notes Deutsche Bank.
The booming tanker market in the first half of the year, especially for the major VLCCs, may have created outsize expectations for full-year 2015 earnings, according to Deutsche Bank.
The strength and duration of the tanker market recovery, in crude as well as oil products, emerged as a surprise to most international shipping analysts. Expectations are now increased even further.
Marine Superintendent - UltraShip
Contract Manager for fuel purchase - Hofor
Legal Counsel for International Shipping Company - J. Lauritzen
