Shipping confidence improves despite the general ongoing geopolitical uncertainty

Confidence in the shipping industry rose in the last months to its highest level for 18 months, according to the latest Shipping
Confidence Survey from leading shipping adviser and accountant BDO. The average confidence level expressed by respondents to the survey
was 6.4 out of 10.0, compared to 5.8 Q3 2019. This is the highest rating since the same level of confidence was recorded in May 2018, and it is
necessary to go back to February 2014 in order to see confidence at a higher level.

Full article, ELNAVI January 2020, Issue 553, Page. 6

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