Market rates for panamax container vessels will improve but it takes “big balls” for investors to spend money on buying larger boxships on the second-hand market, said George Youroukos of Poseidon Containerships and Technomar.
“To find large ships, which would be my choice for investment… is an obvious investment - you need balls, you need big balls, because right now it looks really dark,” Youroukos told a Capital Link conference on the first day of Posidonia.
“But,
