Tanker and bulker companies are set fair for a bull run in 2020, according to Deutsche Bank (DB) analysts led by Amit Mehrotra and Chris Snyder.
In a new report they say several developments in recent weeks have backed up their positive stance on shipping equities next year, with Star Bulk and Scorpio Tankers mentioned as particularly good bets.
"Specifically, scrubber economics are becoming increasingly attractive - we have observed a further widening of the spread between high and low sulphur fuel prices in recent months, plus 25% since September,"...
