Z4, a possibility other than bankruptcy is consolidation, M&A activity.
As I understand, the heads of these shipping companies tend to be charismatic and overly self-assured (self-centered?)which may be a hinderance to consolidation but ultimately they should look out for the shareholders.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.