As New York-listed shipowners report quarterly results, no one on Wall Street expects the numbers to look pretty.After all, tanker rate recovery seemingly waited for the next quarter to show signs of life, LNG carrier earnings sat in the dumps and a huge South American grain harvest somehow failed to make its way onto ships.
But Wall Street’s attention will be on what the listed owners see coming ahead, as they question whether the climate of optimism that reigns across core cargo shipping sectors will be realised in the form of profits.
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