Shipping faces the best opportunity in many years for demand to outshine supply, according to Hartland Shipping Services' annual review of markets.
Despite the legacy of oversupply and uncertainty over pending emission regulations, improving fundamentals should lead to an increase in vessel earnings and asset values, the UK-headquartered shipbroker says.
Bulkers and boxships should see further improvements this year, it believes, while crude tankers may have to wait until 2019 to experience a turnaround.
