Norway’s Torvald Klaveness is seeing an influx of vessels to its two commercial spot pools in the bulk market and have great expectations for the capital funds and hedge funds looking to place their ships in coming years.
BY KATRINE GRØNVALD RAUN
Many players in the shipping industry are nervous about the surge in capital in the shipping sector coming from especially US-based capital funds and hedge funds, and they fear that it will propel the shipping sector into another black hole.
A large number of DSV employees have for weeks been living under the hard lockdown of major Chinese city Shanghai. In an interview with ShippingWatch, regional head of air and sea freight Claus Thomsen talks about keeping spirits high amid an uncertain situation.
Industry stakeholders and NGOs describe meetings last week leading up to IMOs climate session in June as a breakthrough for a global CO2 levy considered the single most important tool to decarbonize shipping. ”A huge step forward,” says researcher Tristan Smith.
The long-term lockdown of major city Shanghai has seriously affected land logistics at one of the world trade’s crucial hubs. It will take time to get infrastructure back to normal, predicts DSV regional head to ShippingWatch.