Analysts believe a dip in shipping equity pricing may only be temporary due to favourable freight market fundamentals.
Clarksons Securities noted the average maritime share fell by 2% in a shortened week due to the Easter holidays.
“Due to the recent financial sector turmoil, there has been significant negative pricing over the last month, which appears to have stabilised for the time being,” analysts Frode Morkedal and Even Kolsgaard said.
