On the sidelines of a lunch hosted by the Connecticut Maritime Association, the independent investment advisor said he is confident the New York-listed bulker owner will be able to ride out the downturn and believes investors could cash in on its spot exposure when the tides turn.
“There is no question the sector will be going through a prolonged crisis and it would be a terrible mistake to think a recovery in around the corner but the companies to watch are the ones that can survive the crisis,” he told TradeWinds Thursday.
“Baltic
