Proof of that is provided by the Leer-based Oltmann Group, which has pursued a counter-cyclical strategy of investing in distressed vessels.
Since the crisis took root in 2009, the German issuing house has bought 43 vessels in co-operation with partner companies.
Its most recent investment in the multipurpose (MPP) heavylift vessel Lena J (built 1998) is testimony to the ongoing appeal among some shipping investors.
