, Singapore

Investors cautioned against investing heavily in Singapore shipping firms

Despite improving outlooks and economic climate.

"With significant operating challenges likely to linger in 2014 and the persistence of a demand-supply cap, we deem it too premature to call for an inflection point for the sector," assesses OCBC Investment Research.

"Although the overall economic climate should improve, capacity overhang and lack of industry action should see liners suffer from lower freight rates," it added.

This convinced the research firm to place an Underweight investment rating on the shipping sector, notably keeping a Sell recommendation on Neptune Orient Lines. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.