CCEC CEO takes part in Shipping CEO Industry Seminar ahead of US election
ABGSC SHIPPING SEMINAR - WILL THE US ELECTIONS BRING BOOM OR BUST TO SHIPPING?
The shipping sector is still projecting abundant profits with spot rates rising by 11% year-to-date across all segments. However, many investors are concerned that geopolitical uncertainty is the primary force behind this dynamic, which overshadows clear perspective for different shipping segments, hence losing the appetite for future shipping equities.
In this context, Mr. Jerry Kalogiratos, CEO of Capital Clean Energy Carriers, participated in the panel debates of ABGSC Shipping Seminar, populated by 17 CEOs, who outlined the imminent risks and opportunities of the upcoming U.S election for their industries.
LNG and Gas transportation is considered as structural beneficiary for the energy transition and the efforts toward cleaner fuels. Whilst the election results are set to be decided, the scope for investing for CCEC was evident in the company’s presentation at the forum.
Find the detailed presentation here.