Shipping analysts seem unmoved about a global trade meltdown
The industry’s mandated fuel upgrade could be bullish for a few reasons; several thousand ships are to be fitted with scrubbers to allow them to keep burning today’s cheaper product
08 August 2019 - 16:21
London — Who cares about the threat of a global trade meltdown? Not shipping analysts tracking prices for moving everything from oil to crops, it seems.
Across every type oil, gas, coal, iron ore and grain-carrying vessel, industry analysts surveyed by Bloomberg are expecting the rates ships earn to jump sharply next year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.