The Billion Dollar Question… Dry Bulk Orderbook: What Does it Mean?

Nedship Bank recently hosted a very interesting gathering of shipowners, operators and brokers in New York to look at the question: “What does the dry bulk order book mean?” Analyst Cor Wooning, in from Nedship Rotterdam, gave a presentation showing that shipping banks – at least those committed to the shipping industry – are as committed to finding an answer to the question as their clients are.

Discussion following the presentation showed that there are almost as many opinions and additional questions on the subject as owners, or at least market segments. The real answer, as practiced by Nedship and articulated once by Marsoft President Arlie Sterling is, “to shine the bright light of knowledge on the many dark corners of the industry, world economy, and trade data, wherein answers to great questions may be found.” Some of the light, questions and opinions follow.

This is only an excerpt of The Billion Dollar Question… Dry Bulk Orderbook: What Does it Mean?

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