“We’ve inspected a few. But we’re not really any closer to buying ships than when we first began talking about it,” Paliwal told TradeWinds.
“And we’ve gone past the bottom. In my living history, I think last year was the worst year.”
If the company makes any purchases, it will probably be in the midsize segment.
“Our bread and butter is in supramaxes and panamaxes,” Paliwal said.
