We have become even more selective about our counterparties and projects, today we expect much better credit quality on the part of the shipping companies and we demand much higher equity capital.

Carsten Wiebers

Categorized in : Industrials

We had a great ride for 15 years thanks to China's economic boom; now, it's over, this is not a short-term dip; we have to prepare for growth rates in world trade like we had 20 years ago.

Carsten Wiebers