Fearnley Securities says dry cargo asset prices could climb by a further 30% by the end of 2018.
Analysts Espen Landmark Fjermestad and Peder Nicolai Jarlsby made the prediction as they raised their own asset value assessments and suggested the 2017 rally in dry cargo stocks “has legs”.
In a report this morning Fjermestad and Jarlsby bumped up their input values by 22% and suggested dry cargo assets prices would need to climb by a further 20% to bring newbuildings into favour.
“We
