Ready for it..................
Wont change for at least 2 years.
On the supply side - the good news is that new orders (for new ships) have dried up completely and scrappings (of old ships) will continue nicely. So I reckon 2018-2019 we might see an upturn.
BUT like every other market report for the last 15 years the direction and speed of the market all depends on 'China' - well mostly anyway...
See don't bother paying Clarksons or SSY thousands for market reports...send me the cheque..
Blue Sheep Way
- The Virtual Shipbroker
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