Fitch: Deals, Defaults Ahead as Shipping Outlook Stays Negative

Published: 30/11/2016
Fitch: Deals, Defaults Ahead as Shipping Outlook Stays Negative
Source: WWW.HELLENICSHIPPINGNEWS.COM

Muted demand growth will exacerbate overcapacity for the shipping sector in 2017, putting pressure on freight rates and driving further consolidation and defaults, Fitch Ratings says. We expect performance in all segments to be under pressure and have therefore maintained our negative sector outlook. However, tanker shipping will face slightly less stress than dry bulk ...

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