Palm & Veg Report, April 2017

The clean petroleum markets may have picked up a lot of momentum in the West, which has provided ship owners with a welcomed boost in returns, but the rest of the shipping markets are positively lacklustre and profound uncertainty still persists in virtually ever other sector of the market. If we do not get a black swan event soon, where something occurs that is extremely difficult to predict, then I fear we are in for a long hot difficult summer. On a lighter note, we wonder whether the Norwegian Shipping community was included in the recent happiness poll, which placed Norway ahead of the Danes as officially the happiest place to be on Earth.

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