Page 69: of Maritime Reporter Magazine (March 2016)

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last year, Maersk Line, has committed to Poor’s currently have adequate liquidity be a potentially negative impact on the cutting down their portfolio – postpon- to see them through the year. Yet with industry’s ability to sustain employment.

The Author ing investments in new ships, and begin- negative outlooks forecast for a quarter 2016 may well be a tough journey

Izabela Listowska, based in the Frank- ning a process of laying off about 4000 of the portfolio, doubts remain. One in for the shipping industry. But so long as furt of? ce, is a Director in Standard & employees. In a move to supply-demand particular being that with lower capital companies stay aware of the risks and

Poor’s Corporate & Government Ratings equilibrium, it is likely that others will expenditures expected across 2016 as a respond accordingly, they should stay


follow the downsizing trend in 2016. result of tighter purse strings, there may a? oat.

Naturally, reduced orders for ships can have a knock-on negative impact for

Innovation | Safety | Performance employment prospects in the shipbuild- ing sector, too. Facing stagnant demand,

South Korea’s shipyards, face around

STATUTORY COMPLIANCE FOR TANKERS 10,000 layoffs in the next two to three years.

The Risks of a Potential Rebound STOCK (Purchase and Rental): in Oil Prices s

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