3 out of 4 maritime bonds lost value in H1 2018

Singapore

THREE out of four maritime bonds on the radar of a maritime research consultancy fell over the first half of 2018, hit by the double whammy of trade war fears and a hard landing for container shipping lines.

In a financial insight dated July 12, Drewry said that these losses were largely due to rising Treasury yields especially for the US dollar-denominated bonds.