Phari Shipping AS is a shipbroking company based in Bergen. The company specializes in investments in dry bulk, a sector that has experienced significant growth over the past year. After a long period of decline, with 2016 considered the worst year in 25 years for the dry bulk market, the industry has seen an upturn. According to the International Monetary Fund (IMF), further growth in the world economy is expected, which could have a positive impact on the market.
Phari Shipping AS has adapted to the changing market conditions and now offers smaller investors the opportunity to participate in the dry bulk sector. The company considers the current risk picture to be asymmetric, with the upside considered to be significantly greater than the downside. This has also led to several large investors starting to invest in dry bulk companies, which may indicate increased confidence in the future development of the market.