Equity funds impair confidence in shipping

The level of confidence in the shipping industry has reached the lowest level in two and a half years, especially due to equity funds, according to a new analysis from Moore Stephens.

Confidence in the shipping industry has dropped and is now at its lowest level in two and a half years, according to calculations performed by analyst agency Moore Stephens, reports Tanker Operator.

There are several reasons that trust is no longer at the same level as it was in 2012. First of all, the respondents in the survey are worried about overcapacity in the market, but the effect from lower oil prices as well as the growth of new types of funding in the industry are also hurting the confidence.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs