11DEC2017 - NEWS - During 2018 Global Shipping is predicted to stay negative

Global Shipping is assumed to remain negative next year as there will be almost no change in the market fundamentals in 2018. Due to sluggish overcapacity, the tanker shipping may get some exposure. According to Fitch Ratings, the supply and demand dynamics will possibly support container, bulk and LNG rates, but tanker rates could remain under pressure. Similar to container shipping, recovery in dry bulk shipping rates can also be short-lived.