It has often been said that the chemical tanker market is a lagging indicator of economic expansion, and that theory appears to hold true for the shipping companies that serve the business. If that is the case, the chemical tanker sector, comprised of companies such as Stolt Nielsen, Odfjell and Berlian Laju Tankers, may be the next place for both equity investors and lenders to put capital to work at this point in the cycle. Although we have said it before, we will say it again: we would very much like to see Odfjell and BLT come to the U.S. markets and, along with recently renewed Stolt Nielsen, create some critical mass and institutional awareness of the sector. Hopefully, we will all be able to discuss this at Marine Money Week.
This is only an excerpt of Why Bankers, Investors Should Look to Chemicals
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Tags: · Berlian Laju Tankers, Odfjell, Stolt Nielsen
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