Investors have turned their back on shipping

Even a strong tanker market is finding it hard to attract investors. "The crisis in dry bulk and container is contagious," says senior analyst Stig Frederiksen from Nordea Bank, pointing to several similar traits.

BY OLE ANDERSEN

Given the strongest rates and the most promising tanker market for years, it would seem like almost a formality for tanker carriers like BW Pacific and Hafnia Tankers to raise additional capital by listing on the Oslo and New York stock exchanges before the end of 2015.

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Investors have turned their back on shipping

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Golden Ocean loses USD 40.7 million in the third quarter

Clarksons: Many bulk vessels scrapped in China

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Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs