Tufton Oceanic Assets has dismissed slowing global demand growth as a manageable headwind in an ongoing shipping market recovery.
London-listed Tufton will continue to expand its fleet despite a dip in demand expectations, with opportunities identified in three segments where it is already active.
The commentary came as Tufton Assets saw a sharp upturn in profit during the second half of 2018, supported by diversification, long-term contracts and fleet growth.
