Technology-fuelled newbuilding orders may provide a new risk of oversupply at a time when the outlook for a recovery in most shipping markets is positive, Braemar ACM says.
Henry Curra, head of research at the brokerage, says LNG bunkering is becoming a viable option for tramp ships in addition to smaller coastal-trading vessels.
"Technology could produce oversupply in its own right, irrespective of the market levels," Curra told a conference in London today.
