ShippingWatch

Danske Bank: Shipping disappoints expectations for this year

The shipping industry has far from lived up to its expectations this year, says Danske Bank.

The sweet tunes predicted for the shipping industry's development this year were nowhere to be heard, according to Danske Bank.

"We also expected things to look better, but I think there were too many orders, and this has ruined some of the improvements we expected," Danske Bank's Global Head of Shipping Øivind Haraldsen tells ShippingWatch.

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