KUALA LUMPUR: The sombre mood encircling global trade in 2016 caused the maritime industry to sail through choppy waters, while forcing players to realign strategies to sustain business.
The lower global economic growth forecast of 2.4% for the year was also a downward revision from an earlier projection of 2.9%. This has forced the players to continue to be wary of 2017 and its static outlook.
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