ShippingWatch

Shipping is all-in on 2020 – but investors are hesitant

Everyone is hoping that 2020 will mark the beginning of a shipping recovery. But after a decade of losses, investors are keeping away. At the recent Marine Money conference, only a few were present. Diamond S and d'Amico point to previously broken promises as one explanation.

Photo: Marine Money

NEW YORK

2020 could be the shipping's best chance to convince investors that it is a good idea to throw money at the maritime industry. However, companies need to deliver on their promises this time around, several stakeholders note.

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