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ARTICLE · 19 OCTOBER 2010

Shipping Confidence Report - September 2010

Moore Australia
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At the same time, however, the number of respondents expecting to make a major investment or significant development over the next twelve months was up to a record high, while the percentage of those expecting finance costs to rise over the same period hit its lowest figure since the survey was launched in May 2008.

GlobalTransport
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By Moore Stephens

Executive summary

Overall confidence levels in the shipping industry have shown a marginal drop over the past three months, according to our latest Shipping Confidence survey conducted in August 2010.

At the same time, however, the number of respondents expecting to make a major investment or significant development over the next twelve months was up to a record high, while the percentage of those expecting finance costs to rise over the same period hit its lowest figure since the survey was launched in May 2008.

Confidence level

In August 2010, the average confidence level expressed by respondents in the markets in which they operate was 6.2 on a scale of 1 to 10, compared to 6.3 in the previous survey, which itself represented the highest level achieved for eighteen months.

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