Volatile demand for coals and other minerals, congestion, and regulatory risk are the top three risks facing the shipping industry this year, credit rating agency Standard and Poor’s (S&P) Global Ratings said recently.
In its “Industry Top Trends 2018” report, S&P said “commodities-driven ports are exposed to volatile demand for coal and other minerals, such as nickel, lithium and gold, which has been pressuring prices and pushing down the credit quality of miners in recent years.”
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