Braemar warns: Bulk crisis could last five more years
It could take another five years before the dry bulk industry is back on track, notes British shipbroker Braemar ACM.
BY KATRINE GRØNVALD RAUN
Dry bulk carriers will have to arm themselves with loads of patience if shipbroker Braemar ACM's projections come to fruition. Denis Petropoulos, who has been with the broker since 1986 and who is currently head of Braemar Asia, estimates that it could take another five years for the dry bulk sector to get back on track, he tells industry media Splash 24/7.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Plunge in China’s coal imports signal a new reality
For subscribers
"China set to continue as the world's growth engine"
For subscribers
Shipowner buys vessels from himself in DryShips meltdown
For subscribers
