Wilbur Ross: Shipping to rebound in 2014

Starting next year, the shipping market will improve, which will result in increased investments, says billionaire and major investor Wilbur Ross in an interview with Bloomberg.

BY LOUISE VOGDRUP-SCHMIDT

Less ships are being ordered than in the past, overcapacity is declining, which is why the shipping market will have improved by as early as next year, says Wilbur Ross, who has a lot of money invested in shipping.

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