New York-listed dry bulk shipping shares may or may not perform well over the next quarter, depending on which analyst you ask.
One analyst expects bulker equities to improve as freight rates pick up in the autumn, but another analyst is not so sure that will happen, given market uncertainty.
Clarkson Platou Securities’ Frode Morkedal said stocks may benefit from autumn rates, despite being lowballed on Wall Street, but Deutsch Bank’s Chris Robertson said they may flounder from market uncertainty.