maltatoday
SHIPPING &
LOGISTICS
The shipping industry has its work cut out going
forward in 2017 as the International Monetary
Fund (IMF) forecast the lowest level of global
GDP growth since 2009. In 2016, the container
shipping industry bit the bullet in terms of
demolition and consolidation to help the market
to recover. 2017 will see another year of die-hard
competition, since the longer global economic
growth remains weak and lacking investment,
the lower future growth potential for shipping.
MaltaToday takes a look at what's making the
news.
