From World Maritime News:
The outlook for the global shipping sector into 2020 will remain stable despite geopolitical and trade uncertainties, according to rating agency Moody’s.....MORE
This is because higher expected earnings are counterbalanced by US/China trade tensions and worldwide regulatory risks, Moody’s Investors Service said in a new report.
As explained, the key drivers of the stable outlook are a combination of anticipated EBITDA growth of 16%-18% into 2020 and largely balanced demand and supply growth.
These positives are offset by downside risks from protectionist trade policies and increasing regulation....
