What a difference a year makes.
As Omar Nokta gazes out at the public shipowners starting to report earnings for the second quarter, he notes a certain unease and lack of clarity across the landscape compared with the relative optimism of summer 2022.
Jefferies’ lead shipping analyst pointed out the contrast in an interview with Streetwise this week.
“A year ago, containers and tankers were in record earnings territory, while dry bulk, LNG and LPG were reporting historically strong results,” he said.
