Bloomberg: Private Equity’s Bet on Shipping Falters as Deal Boom Ends
20 Apr 2015: “Rates to hire carriers of liquefied natural gas, once a bright spot in the slumping industry, are now the lowest since 2010 as new vessels joined the fleet before facilities to export the fuel were finished, according to data from Poten & Partners Inc., a New York-based shipbroker. The Baltic Dry Index, a measure of costs to ship iron ore, coal and grains, reached a record low in February.”