The IMO’s impending emissions regulations are the talk of the shipping industry.
But Wall Street? Not so much.
Neither Deutsche Bank’s Amit Mehrotra nor Wells Fargo’s Mike Webber believe investors are taking scrubbers into account when valuing shipping stocks.
“I do think in some point scrubbers will play a role in equity valuations, but it’s probably wishful thinking for that to be the case now,” said Webber, speaking on a panel at TradeWinds’ IMO 2020 Disruption Forum Thursday in New York.
