According to a report from Norton Rose Fulbright, shipping is the most negative response to high-capacity or high-speed assets, with almost 30 per cent of the participants of the Survey conducted by Norton Rose Fulbright, seeing these as creating overcapacity – much higher than aviation and rail (11 and six per cent). While some feel they will open up new opportunities, 22 per cent express doubt over their sustainability.
The Next Five Years in Shipping
Filed Under: OOW FOCUS Tagged With: Commercial, shipping, tonnage overcapacity
Shipping Confidence Reaches Highest Level for 2 Years
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013. There was improved expectation of freight rate increases over the next twelve months, particularly in the dry bulk sector, and greater likelihood of new investment in the industry.
Filed Under: OOW FOCUS Tagged With: Commercial, Finance costs, Freight markets, Moore Stephens, Operating costs, Shipping confidence survey, tonnage overcapacity