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Moody’s revises shipping industry outlook

   The rating agency Moody’s said it has revised its outlook for the global shipping industry to stable from negative, reflecting its expectation that the shipping industry’s aggregate (EBITDA) will rise by mid-single digits in percentage terms year-over-year in 2014.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.