Signs of hope for US ship finance amid dry bulk boom
Distressed lenders are getting out of resurgent shipping companies, while stocks are looking up for bulkers. Yet credit is still tight and shipping companies are not tech giants, so stocks will only do so well
Sentiment in ship finance is improving alongside the markets, despite worries over Covid and the wider economy. Rising asset prices are giving private equity firms a long-sought-after way out of the industry, and there are signs that more general funds are coming in