Earnings for pure car/truck carriers (PCTC) are expected to see further weakness due to the Brexit vote, according to Maritime Strategies International (MSI) said today.
The shipping consultancy and analysis firm cut its forecast for European GDP growth due to uncertainty surrounding Britain potentially leaving the European Union.
Likewise, MSI cut its forecast for light vehicle sales in Europe from 4% growth in 2016, down to 3% growth, while 2017 could actually see unit sales fall 1.7%
