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You are here: Home Archive 2010 July Weekly Edition 29th July Shipping sector temporarily out of favour

Shipping sector temporarily out of favour

by Nigel Lowry, Athens last modified Aug 13, 2010 04:21 PM

INVESTORS have cooled towards shipping but any disenchantment is likely to be temporary, according to a leading shipping investment banker.

“Generally speaking the industry is out of favour as investors do not see too many prospects of recovery. But industrial interest goes in and out of sectors over time. It will come back,” Cantor Fitzgerald partner Anthony Argyropoulos said.
Speaking...

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