Shipping Confidence Dips Again

Overall confidence levels in the shipping industry dropped for the second successive quarter, although they are still up on the corresponding period last year, according to the latest survey by accountant and shipping industry adviser Moore Stephens. Owners in particular appear to be having a rethink about planned new investments and, together with charterers, are anticipating a fall in dry bulk and container ship rates over the next twelve months.
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Source: MarineLine