Daily Briefing January 26 2022

摘要

Some of shipping's most prominent equity analysts are bullish about the industry's prospects in the year ahead, although experts are divided about how publicly traded shipowners should best use their cash. Evercore ISI has revised lower its tanker earnings forecasts for 2022 and projected that seven of the eight listed shipowning companies it covers will be unprofitable this year as the long-anticipated market recovery stalls. The privatisation of Shipping Corporation of India has been besieged by delays, restrictions and political inertia, but bidders continue to line up for the state sale offering control of its ageing fleet.