- The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody’s Investors Service said today in a new report. The outlook has been negative since March 2020.
- The key drivers of the negative outlook are a combination of expectations that the global economy will shrink in 2020 and the road to recovery will be long and bumpy.
- Aggregate EBITDA of rated shipping companies will fall by around 16%-18% in 2020.
A recently published article in the Moody’s reveal that...
https://mfame.guru/dry-bulk-and-container-shipping-segments-remain-negative/