His analysis was shared by different media worldwide :

The shipping industry can be back in good shape

As the coronavirus outbreak with lockdowns of whole countries affected the entire world economy, there are sectors that indicate a chance of quick recovery as is the case of the shipping industry. Though the volume of fleet activity decreased by tens of percentage points since March in comparison to the previous month, the experts expect that the industry is reaching soon the previous levels.

But according to the fresh Moody´s Investors Service outlook, the global economy will shrink in 2020 and there would be a long and bumpy road to recovery. That´s why also the global shipping industry for the next 12 to 18 months remains negative, unchanged since March, as companies´ earnings forecast fall.

The press release you can read here.