This Domain is for Sale. To make an offer please get contact.
Make an Offer
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result
No Result
View All Result
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result

Fitch: Deals, Defaults Ahead as Shipping Outlook Stays Negative

marinesalvage by marinesalvage
August 8, 2023
in News
0
cargo ship
cargo ship

Fitch: Deals, Defaults Ahead as Shipping Outlook Stays Negative

cargo ship

ReutersThe complying with declaration was launched by the score company

LONDON, November 30 (Fitch) Muted need development will certainly intensify overcapacity for the delivery market in 2017, taxing products prices and also driving additional loan consolidation and also defaults, Fitch Ratings claims.

We anticipate efficiency in all sections to be under stress and also have actually as a result preserved our unfavorable market expectation. However, vessel delivery will certainly deal with somewhat much less tension than completely dry mass and also container delivery. Many container delivery and also vessel delivery business had adequate money to cover temporary maturations at their latest coverage day, yet they are still dependent on undisturbed accessibility to financial institution financing to cover unfavorable cost-free capital.

This financing is a lot more important for business that are unable to cover their upcoming maturations. Therefore, the declare receivership in August by Korea- based Hanjin Shipping, the seventh-largest container delivery firm worldwide, might have far-ranging implications.

In specific, lenders’ withdrawal of assistance might show a review of the funding landscape, where protected financial institution financing for brand-new vessels has actually stayed reasonably available also as market problems have actually weakened. We anticipate even more M&A task and also defaults in the brief and also moderate term. But these will just recover stability and also increase products prices if they motivate capability decrease.

In container delivery we anticipate loan consolidation to impact business throughout the whole sector, with smaller sized drivers concentrating on survival with enhancing range while market leaders such as Maersk Line safeguard their market placement with M&A. Defaults are most likely to be focused amongst business with weak liquidity and also obstacles with accessibility to financial institution financing.

( c) Copyright Thomson Reuters 2016.

Source of This New

Tags: shipping market
Previous Post

Diamond Offshore provides to backlog

Next Post

bound4blue Appoints Boletis External Advisor

Related Posts

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

July 13, 2024
capesize bulk carrier terminal iron ore dry bulk
News

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter
News

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV
News

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites
News

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
odfjell
News

Odfjell Announces Layoffs, Reduction of European Officers

July 12, 2024
Next Post
bound4blue Appoints Boletis External Advisor

bound4blue Appoints Boletis External Advisor

Quick Search

No Result
View All Result

Recent Posts

  • Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located July 13, 2024
  • Capesize Rates at Six-Year Lows, Could Slide Further July 13, 2024
  • Cold Morning on the Chesapeake July 13, 2024
  • Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV July 13, 2024
  • Eco Marine Power and Nakashima Propeller Cooperate on Composites July 12, 2024

Categories

  • Informative
  • Law & Regulations
  • News
  • Technology
  • Tug&Barge&Salvage
Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

by marinesalvage
July 13, 2024
0

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located By Fathiya Dahrul and Rieka Rahadiana (Bloomberg) — Divers...

Read more
capesize bulk carrier terminal iron ore dry bulk

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
Maritime and Salvage Wolrd News - Latest Ship Technologies

© 2023 - Marine-Salvage.net

Navigate Site

  • Home Page
  • Privacy Policy
  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage

© 2023 - Marine-Salvage.net

Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}