Fearnley Securities maintains a positive view on maritime companies this year, in the teeth of concerns about an economic slowdown.
“We remain bullish on most shipping segments and see the gas carrier and car carrier segments as our top picks for 2023,” analysts at the Oslo-based house said in an annual outlook released on Monday.
LNG vessels will continue enjoying tight freight markets, Fearnley said.
“We believe it will take time to solve the Ukraine crisis and Russia’s relationship to the rest of Europe,” the report said, pointing to a rush of at least 20 European utilities to secure long-term supplies of LNG from Qatar and the US.