Shipping analysts and investors were licking their lips today after Wall Street suffered its biggest sell down since 2011 on Monday and the pressure passed around the world overnight.
Finance sources say investors have been dumping shares regardless of quality in what one finance source described as “a major selloff”.
“I’m quite excited about it,” said one respected analyst, reasoning the painful correction in the equity market makes shipping stocks even more attractive at a time the industry has been lagging in a global rally.
