You are here

Asia stays upbeat in latest survey

But the cost of meeting regulatory requirements is beginning to cause real concern

aisianashipping0907.jpg
Ship managers were the only category of main respondent to report an increase in confidence, up from 6.4 in the previous survey to 6.5 this time - PHOTO: REUTERS

THERE is good news for Asian shipping in general, and Singapore in particular, in the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. While overall confidence levels in the shipping industry fell slightly during the quarter till May this year