Mats Berglund: Dry bulk can withstand even lower economic growth

The dry bulk shipping companies can look forward to stronger half-year results if the profit from Pacific Basin is a marker for the industry overall. Even a lower GNP growth does not faze the Hong Kong-based shipping company's CEO Mats Berglund. ShippingWatch has interviewed the CEO.

Photo: Pacific Basin

There are stronger results in store when several of the prominent dry bulk shipping companies publish their half-year results in the coming weeks.

The publication of Hong Kong-based Pacific Basin's half-year results has boosted the case for the optimists after the sector has for years been saying that the crisis is about to end, though these projections never really panned out.

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