Lars Eide's questions to Seanergy Maritime Holdings Corp (SHIP) leadership • Q4 2024
Question
Lars Eide from Arctic Securities questioned which geopolitical and economic developments, such as China's GDP targets or potential U.S. policy shifts, Seanergy is monitoring most closely and their expected market impact.
Answer
Executive Stamatios Tsantanis responded that the company sees continued strong demand for raw materials, which is the primary fundamental driver, even with events like China's real estate issues. He emphasized that market fluctuations are more often driven by effective vessel supply, as seen with the Kamsarmax impact, rather than demand problems. While a global trade war is considered a low probability, he noted it would affect all shipping segments, but believes the inertia of global GDP growth will sustain demand.