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China’s Shipping-Related Bankruptcies Likely to Surge in 2016

By Brenda Goh SHANGHAI, Jan 6 (Reuters) – China’s dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates hit record lows and the country’s demand for imports wanes, consultancy Shanghai International Shipping Institute (SISI) said. A number of firms have already gone bust over the past year as the […]

The post China’s Shipping-Related Bankruptcies Likely to Surge in 2016 appeared first on gCaptain.

WP_Post Object ( [ID] => 101341 [post_author] => 4 [post_date] => 2016-01-06 15:31:51 [post_date_gmt] => 2016-01-06 15:31:51 [post_content] =>

Photo: Shutterstock/Eugene SergeevBy Brenda Goh SHANGHAI, Jan 6 (Reuters) – China’s dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates hit record lows and the country’s demand for imports wanes, consultancy Shanghai International Shipping Institute (SISI) said. A number of firms have already gone bust over the past year as the […]

The post China’s Shipping-Related Bankruptcies Likely to Surge in 2016 appeared first on gCaptain.

[post_title] => China’s Shipping-Related Bankruptcies Likely to Surge in 2016 [post_excerpt] =>

Photo: Shutterstock/Eugene SergeevBy Brenda Goh SHANGHAI, Jan 6 (Reuters) – China’s dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates hit record lows and the country’s demand for imports wanes, consultancy Shanghai International Shipping Institute (SISI) said. A number of firms have already gone bust over the past year as the […]

The post China’s Shipping-Related Bankruptcies Likely to Surge in 2016 appeared first on gCaptain.

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