Schulte Group chief executive Ian Beveridge is confident that German investors will return to shipping.

“There's a huge amount of saving in Germany,” he told TradeWinds. “With the right product, you can get them back on the bandwagon.”

“But it will just not be on the same scale that we had before. It will not be the people with a small amount of saving, thinking it’s a sure bet. It will be more serious shipowning partners.”