03/11/2015at 09:04

Moody's cuts earnings forecast for shipping

The dry bulk sector and overcapacity in the container industry weigh down in rating bureau Moody's new projections for the shipping industry. High risk of the situation worsening.

BY OLE ANDERSEN

Rating bureau Moody's lowers its earnings forecast for the shipping industry in the coming 12-18 months across the board.

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Moody's cuts earnings forecast for shipping

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Related articles:

Moody's maintains rating of Danish Ship Finance

Moody's upgrades CMA CGM's rating

Moody´s ready to lift Hapag-Lloyd rating after merger

Sign up for our newsletter

Front page now

Maersk's chief of fleet leaves after 25 years as reshuffling continues

Opinion: Maersk and MSC heading for direct confrontation over customers

New Russia sanctions could eventually leave Europe in drastic need of diesel

DSV denies savings plan but is attentive to costs

Euronav CEO defends decision to retain large dividend

Freight rates out of China continue to plummet

Further reading

Opinion: Maersk and MSC heading for direct confrontation over customers

End of 2M alliance could trigger a domino effect

DSV sees one advantage of downturn: It will be cheaper to buy competitors

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