Arne Blystad Bet On The Market Rebound Buy The Ship

- Feb 07, 2018-

According to foreign media reports, the year 2017 saw a new high for trading of ships in the shipping industry. Shrewd ship-buying investors rebounded in many sectors of the shipping industry. Last year, Arne Blystad, a Norwegian shipowner, contributed a great deal to the sale and purchase of shipping vessels and was more skilled at controlling the peaks and troughs of the shipping market than most shipowners(welding overlay,flange,pipe spooling).


Blystad revealed that he doubled the number of small-tonnage container ships. Songa Container, which was established less than 12 months ago, now has 10 vessels at sea and will soon have more ships to join its fleet.


In the past year, Blystad has also aggressively snapped up dry bulk carriers. He believes the company will pay dividends in coming months because the dry bulk sector will see growth.


Blystad said: "I believe 2018 will be a good year for many segments of the shipping industry, but not for all shipping segments, he added, adding that I believe there will be steady growth in both dry bulk and container segments."(welding overlay,flange,pipe spooling).


Blystad's huge shipping investment also includes crude oil, chemicals and crude oil tankers, while its heavy-duty ship, Offshore Heavy Transportation, owns five semi-submersible heavy-duty tankers.


While other people are talking about the market, Blystad has been cautious investment attitude for a long time. He pointed out that the financing of many assets remains a thorny issue, and the uncertainty of upper limits on sulfur emissions implemented in 2020 may still be a headache for many shipowners.(welding overlay,flange,pipe spooling).


"It is once again panicky that too many owners are trying to sign new vessels on the huge shipping sector," he said.