Pathy likes his assets heavy as Fednav rivals travel light

Paul Pathy has read about it in TradeWinds: shipowners increasingly prefer the nimble approach in volatile markets. They want to be “asset light”.

Pathy then puts away what he is reading and orders more ships. Or charters them in for a long time.

“That’s the trend these days. Everyone wants to be asset light,” the chief executive of Canadian bulker giant Fednav told TradeWinds at his Montreal office.