Moody's Investors Service has revised for the first time since June 2011 its outlook for the global shipping industry to stable from negative. "The revision reflects our expectation that the global industry's aggregate EBITDA will rise by mid-single digits in percentage terms year-over-year in 2014, in line with our -5% to 10% growth range for a stable outlook," says Mariko Semetko,
WORLD SHIPPING
01 May 2014 - 00:00
Moody's revises global shipping industry outlook to stable
Moody's Investors Service has revised for the first time since June 2011 its outlook for the global shipping industry to stable from negative. "The revision reflects our expectation that the global industry's aggregate EBITDA will rise by mid-single digits in percentage terms year-over-year in 2014, in line with our -5% to 10% growth range for a stable outlook," says Mariko Semetko,
WORLD SHIPPING
01 May 2014 - 00:00
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