In a good sign for seafood, ratings agency Moody’s says shipping earnings are past their peak

The agency is expecting shipping companies' earnings to drop sharply next year on lower rates.

Carriers are trying to address softening demand by cancelling sailings.
Carriers are trying to address softening demand by cancelling sailings.Photo: Jonathan Boonzaier
Published 5 October 2022, 10:01Updated 5 October 2022, 12:50