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Shipping sentiment worsens: annual survey

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A growing vessel glut is battering sentiment in the shipping industry at a time when players face risks to growth in Asia and turmoil in countries such as Greece, a leading transport survey showed on Monday.

London

A GROWING vessel glut is battering sentiment in the shipping industry at a time when players face risks to growth in Asia and turmoil in countries such as Greece, a leading transport survey showed on Monday.

While the oil tanker sector has enjoyed a rebound in rates and