Shipping development guidance to be issued recently

2014-08-27

The government will issue shipping development guidance recently.

It is known that shipping industry is one of the most competitive industries in China, shipping enterprises competing with counter partners in the global shipping market. Demand of shipping industry closely related to global economy; it is a strongperiodicity industry, howeverthe whole industry is at the bottom of this circle.

From a market perspective, with the continuous climbing of BDI, the shipping industry has seen a stabilizing sign. It is expected that as the traditional shipping peak season coming, earnings of the global shipping enterprises including China is setting up for a tradable bounce.

Source from : CNSS

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