Shipping forum told to expect patchy recovery and higher costs
Different sectors within separate economies are likely to have varying paces of recovery as the shipping industry moves forward. Meanwhile, costs are expected to rise as owners and operators need to urgently find ways to deal with the crew change situation
India, the Philippines, Indonesia and Thailand are seen as having the worst prospects over the next 12 months. With the first two of those being major crew source nations, this will have a serious impact on shipping industry costs
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