, Singapore

Investors cautioned against investing heavily in Singapore shipping firms

Despite improving outlooks and economic climate.

"With significant operating challenges likely to linger in 2014 and the persistence of a demand-supply cap, we deem it too premature to call for an inflection point for the sector," assesses OCBC Investment Research.

"Although the overall economic climate should improve, capacity overhang and lack of industry action should see liners suffer from lower freight rates," it added.

This convinced the research firm to place an Underweight investment rating on the shipping sector, notably keeping a Sell recommendation on Neptune Orient Lines. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!