News / Shipping remains 'cautiously optimistic', but is wary of protectionism

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Protectionist trade policies are continuing to spook the global maritime sector, although a newly released report suggests the industry has “cautious optimism”.

The Navis Business Bellwether report, conducted by Business Performance Innovation (BPI), surveyed more than 174 maritime executives on expectations and fears for the coming year.

Topping the list of worries was protectionist trade policies, but the report also found 82% of respondents were expecting an uptick or stabilisation in profitability over the course of 2019.

Chief investment officer at International Container ...