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You are here: Home Archive 2009 Mar 19 Feeling Bullish

Feeling Bullish

by Obsidian last modified Mar 19, 2009 12:00 AM

Here's something to ponder if you work for a bulk carrier operator about to go pear-shaped; founder and managing director of investment group M2M Management Steve Rodley thinks that 2009 continues to be a great time to make money from the sector.

Freight rates are through the floor and vessel prices with them, and yes, that is precisely Mr Rodley's point.

If you can pick up a vessel for next to nothing, it can be traded profitably even in current conditions,...

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