Mainbrace: March 2017 (No. 2)

What’s different about “change” in 2017? It certainly seems that we need to redefine what we mean when we consider the term itself.

Shipping historically has been a conservative industry, but its adaptability over the long haul has been proven time and time again. Some sectors of the industry will be coming to this year’s CMA Shipping 2017 conference with a more buoyant step than we have seen in recent memory, and for good reason. Only time will tell if the global markets will create the right environment for a strong economic recovery. With the Trump administration promising fiscal stimulus and interest rates still at low levels, however, there is a feeling of optimism in the room.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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