DVB: Slow improvement for Panamax

Market conditions for the struggling Panamax owners are far from good. Still, benchmark bank DVB expects improvements to ship values and profits. (Correction, last chapter).

The overwhelming supply of tonnage since 2008 has taken a toll on ship values and profits for all segments in the global dry bulk fleet. But in a new analysis of the struggling owners, the big, Rotterdam-based shipping bank DVB points to a slow and gradual stabilization of ship values and profits over the next two years, due to the rising demand.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs