The prospects of the shipping industry in 2019 are positive and firm

The majority of the analysts and shipping professionals are moderate optimistic that our industry will perform better in 2019 especially in the tanker sector despite the turbulence in the  international stock exchanges and the geopolitical risks. In 2018 the demand and supply in shipping were improved despite the rise of protectionism and the trade war between the two economic powers. According to a recent survey of Moore Stephens regarding the shipping market confidence 60% of the responders believe that the tanker sector will perform better in 2019 while 40% of responders have firm hopes that the dry bulk market rates will improve.

Full article, ELNAVI January 2019, Issue 542, Page. 6

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