{"id":38,"date":"2013-04-23T09:09:52","date_gmt":"2013-04-23T09:09:52","guid":{"rendered":"http:\/\/www.jpsil.co.uk\/blog\/?p=38"},"modified":"2013-04-23T09:09:52","modified_gmt":"2013-04-23T09:09:52","slug":"38","status":"publish","type":"post","link":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/","title":{"rendered":"Shipping Rates set to Increase"},"content":{"rendered":"

Standard and Poor have reported that shipping rates will increase over the next year after banks imposed tougher lending conditions. Rates for shipping vessels have fallen below their 10 year average by between 30 and 80%. <\/p>\n

Ships that were ordered during the industry’s boom and now entering the merchant fleet, and with rising fuel costs and a sbdued global trade market, the value of assets is declining, and lending is harder to find.<\/p>\n

S&P analyst Izabela Listowska said;<\/p>\n

‘We think further shipping company defaults and financial restructurings are likely over the next few quarters. We expect asset values and the performance and credit quality of shipping companies to remain weak.’<\/p>\n","protected":false},"excerpt":{"rendered":"

Standard and Poor have reported that shipping rates will increase over the next year after banks imposed tougher lending conditions….<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[110],"tags":[],"class_list":["post-38","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nShipping Rates set to Increase - JP Containers | High Quality Purpose Built ISO Containers | Cheshire |<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shipping Rates set to Increase - JP Containers | High Quality Purpose Built ISO Containers | Cheshire |\" \/>\n<meta property=\"og:description\" content=\"Standard and Poor have reported that shipping rates will increase over the next year after banks imposed tougher lending conditions....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/\" \/>\n<meta property=\"og:site_name\" content=\"JP Containers | High Quality Purpose Built ISO Containers | Cheshire |\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-23T09:09:52+00:00\" \/>\n<meta name=\"author\" content=\"Gary Carlon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gary Carlon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shipping Rates set to Increase - JP Containers | High Quality Purpose Built ISO Containers | Cheshire |","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/","og_locale":"en_GB","og_type":"article","og_title":"Shipping Rates set to Increase - JP Containers | High Quality Purpose Built ISO Containers | Cheshire |","og_description":"Standard and Poor have reported that shipping rates will increase over the next year after banks imposed tougher lending conditions....","og_url":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/","og_site_name":"JP Containers | High Quality Purpose Built ISO Containers | Cheshire |","article_published_time":"2013-04-23T09:09:52+00:00","author":"Gary Carlon","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Gary Carlon","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/#article","isPartOf":{"@id":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/"},"author":{"name":"Gary Carlon","@id":"https:\/\/www.jpsil.co.uk\/blog\/#\/schema\/person\/11d9b1a8068cfc6b626f75f36303693e"},"headline":"Shipping Rates set to Increase","datePublished":"2013-04-23T09:09:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/"},"wordCount":114,"commentCount":0,"publisher":{"@id":"https:\/\/www.jpsil.co.uk\/blog\/#organization"},"articleSection":["News"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/","url":"https:\/\/www.jpsil.co.uk\/blog\/2013\/04\/23\/38\/","name":"Shipping Rates set to Increase - 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