In response to concerns about these rumours Poten & Partners issued a report in which it argued that this does not appear to be the beginning of a broader trend.
“We don’t expect that this development will become so widespread that it will pose an immediate threat to the health of the tanker market,” the firm told clients Friday.
While Poten believes more capesize orders will be converted in the coming months it pointed out that there are a number of obstacles to overcome.
The
