The leading names of shipping see signs of optimism among owners that the worst dry bulk market in decades may have passed. But there are also also words of caution that the year ahead remains unpredictable and the industry needs to remain disciplined in both scrapping tonnage and refraining from ordering newbuildings.
China, OPEC, politics and regulatory requirements remain key in deciding the future for both dry cargo and tanker players, while it has to be seen whether consolidation is the catalyst for change in the liner industry.
Click the links below to find out to read what maritime industry figures said:
Jens Ismar, Simeon Palios, Khalid Hashim, Eddie Huang, Michael Nagler, James Johnston, Stamatis Tsantanis, Nakkiran Mudaliar, Loukas Barmparis, George Kalogeropoulos, Imtiaz Shaikh and Herman Billung
John Dragnis, Henry Curra, Robert Hvide Macleod, Valentios Valentis, Kenneth Hvid, Daniel Chopra and Leo Vrondissis
Harry Vafias, Mads Peter Zacho and Jacques de Chateauvieux
REGULATION, LAW AND SHIP REGISTRY
Kitack Lim, Esben Poulsson, Harry Theochari and Nick Brown
Tim Jones, Mark Williams, Sverre Svenning, Christian Koopmann and Christoph Bruhn
Ignace Van Meenen, Gerry Wang and Tristan Howitt
Mark Kremin, Charles Maltby, Yngvil Asheim and Lawrence Noto
Amit Mehrotra, Morten Arntzen, Mark Friedman, Jonathan Chappell, Christian Nieswandt and Fang Xiuzhi
Herbert Soanes, Dimitrios Mattheou, Rajesh Unni and Nils Aden
Hugo Wynn-Williams, Dieter Berg and Peter Townsend
Seraj Ali, Murali Krishna, Mons Aase, Stig Remoy and Todd Hornbeck
SHIPYARDS, PIRACY AND TECHNOLOGY
Sam Ka, Gerry Northwood and Lex Nijsen