Moody's sees stable shipping climate and moderate growth

The prospect for global shipping is stable with a moderate EBITDA growth, though the fundamental conditions have not improved, says Moody's Japan K.K. in an analysis.

Photo: Stena

In a new report, Moody's Japan K.K. predicts a stable global shipping climate with a moderate EBITDA growth.

"We expect mid- to high-single-digit percentage aggregate year-over-year EBITDA growth for Moody's rated shipping companies over the coming 12-18 months," says Mariko Semetko, a Moody's Assistant Vice President and analyst.

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