Newbuildings provide the better investment opportunities and a huge proportion of the existing fleet is headed for scrapping, believe owners Thomas Soderberg and Graham Porter.
Soderberg, of financial owner Tribini Capital, says he has concluded from his ship inspections that many sales candidates are “ticking time bombs”, other than those owned directly by containership liner companies. That goes especially for ships coming from the fleets of distressed German tonnage providers, he believes.
