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Home›News›International shipping wary of next-wave financial crisis
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June 17, 2010 · about 16 years ago

International shipping wary of next-wave financial crisis

Despite the current growth in cargo volumes, global shipping industry players still feel uneasy as freight and charter rates remain low, an official of the International Committee on Seafarers’ Welfare (ICSW) said. David Dearsley, head of strategic review and development project of ICSW, said the gl

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Despite the current growth in cargo volumes, global shipping industry players still feel uneasy as freight and charter rates remain low, an official of the International Committee on Seafarers’ Welfare (ICSW) said. David Dearsley, head of strategic review and development project of ICSW, said the global financial crunch still affects the international shipping industry despite the recovery in the volume of cargo being shipped worldwide.

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