Shipping Executives Look Ahead to 1995

Marine Money polled a number of senior industry executives on a variety of the finance and shipping issues of 1994 and forecasts for 1995. Because we believe that, to some extent, their opinions and predictions govern the future, their comments are illuminating. To keep the forecasting aspect of this industry opinion poll vital and crisp, we’ve repeated only the vital and crisp.

Interestingly, reefers came up on both the “best” and the “worst” market lists; shipowners are unanimously against port state control; and interest rates were considered too high for more than short, two-year finance. Growth estimates tended to be optimistic; but anticipated charter rates seemed realistic, judging from factors making up the macroeconomic milieu.

This is only an excerpt of Shipping Executives Look Ahead to 1995

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