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Global shipping industry situation
Oct 25, 2018

The weak import demand in China and the oversupply of ships have greatly affected the profitability of ships transporting coal and other dry bulk commodities, causing ship operators to be forced to face the dilemma of selling their ship assets, urgently raising working capital and even filing for bankruptcy.

Earlier this year, there were reports that large investments by private equity firms led to excess capacity in the shipping industry. According to the International Finance News, as private equity firms invest billions of dollars in the shipping industry and set off a wave of buying ships, the shipping industry is increasingly facing the pressure of excess capacity. Jan Engelhardtsen, chief financial officer of oil tanker Stolt Nielsen, has said that private equity firms invest heavily in the shipping industry, but such investments actually ruin the market prospects they are pursuing.


  • Contact Us
    Add: Room 1608 Dingye International Mansion, No. 54 Moscow Road, Qingdao Free Trade Zone, China.
    Tel: +86-532-80689155
    Fax: +86-532-80689156
    Mob: +8618205321693
    E-mail: info91@florescence.cc
    Brain Gai: info@florescence.cc
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