Moody's: Global shipping faces three challenges

Three emerging trends in global shipping have the potential to significantly change the way things look during the next five years, concludes rating bureau Moody's in a new report. Read below to learn which.

Photo: IMO

Declining US oil imports. Companies choosing to move their manufacturing capacity back home, away from developing countries, and developments in ship designs. Those are the three new trends that will shape the landscape of the global shipping industry over the next three years.

That's the key message from rating bureau Moody's in a new report titled "Three Emerging Trends That Could Be Game Changers over the Next Five Years," published today, Thursday.

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