The Potential Impact on Shipping of a Global Recession
Intelligent Audit
MARCH 18, 2020
In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. What Happens to Shipping. For example, in 2000 it was 4.
Let's personalize your content