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Oman Shipping Company Policy PDF Form

Oman Shipping Company Policy PDF Form

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challenges that we are facing I would say especially in 2019 is that we will be very busy we have to deliver our new strategy which means expansion in several sectors including containers and dry cargo and it means that we have to repair some fleet renewal in the tanker business and we need to prepare for the chemical uptake in the region so that would be what we do in 2019 2020 I would say was also very important because a new fuel regulation coming into place everybody talks about I move 2020 and we have to prepare for that as well if you talk about cyclicality I think shipping is the industry with extreme volatile and if you look at it over time you probably see that there are some cycles but these cycles can be anywhere from say three years to seven years but what we see is actually that more and more business and shipping is going to the spot market and once more business moving into spot market see more volatility and rates becomes much more volatile that's a fact the big

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