Riaz Khan – Live from Hong Kong Shipowners Association Luncheon

The bulk market looks good, the post panamax container market looks scary and mergers & acquisitions will be the key driver for fleet growth in 2005, according to our friend Riaz Khan, research guru and DVB Bank credit committee member. Riaz was speaking before the monthly luncheon of the Hong Kong Shipowners Association last week in remarks entitled: “Driving Forces of the Shipping Markets.” Other items of interest to owners include the fact that DVB is still bullish on financing bulkers and that it is one of the few banks willing to provide leverage on single skin tanker

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