WP_Post Object ( [ID] => 227027 [post_author] => 78 [post_date] => 2020-07-08 21:00:57 [post_date_gmt] => 2020-07-08 21:00:57 [post_content] => EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020, widening from our previous projection of a drop of around 6%-10%. We expect the global economy to shrink in 2020 and its recovery to be long and bumpy. We think that supply ... [post_title] => Moody’s: Global shipping earnings forecast cut as supply set to outstrip demand [post_excerpt] => EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020, widening from our previous projection of a drop of around 6%-10%. We expect the global economy to shrin... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => moodys-global-shipping-earnings-forecast-cut-as-supply-set-to-outstrip-demand [to_ping] => [pinged] => [post_modified] => 2020-07-08 21:00:57 [post_modified_gmt] => 2020-07-08 21:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=825054 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )