Shipping’s lack of capital could flatten the boom-bust cycle
A shortage of willing investors in the shipping industry might not be such a bad thing, said investment firm executives at this week’s Marine Money event in New York. Panellists contemplated a shift of expectations from double-digit gains and losses to single-digit, but predictable returns, with better capital and risk management
Shipping has had debt too cheap for a very long period of time, said Breakwater Capital chief executive Andreas Povlsen.