Shipping Recovery Remains Elusive Despite Green Shoots
Logistics & Freight Transport / Global / Tue 05 Dec, 2017
Fitch Ratings' sector outlook for global shipping remains negative as we do not expect a material improvement in market fundamentals in 2018 due to lingering overcapacity.
Both container and bulk show signs of a revival, but the longevity of this trend remains uncertain due to limited adherence to capacity discipline in the sector. Improving