Moody's: Tailwinds to lift credit quality of Europe's ferry and cruise ship sector into 2018
Announcement: Moody's: Tailwinds to lift credit quality of Europe's ferry and cruise ship sector into 2018. Global Credit Research- 20 Jul 2017. London, 20 July 2017-- Rising demand and continued low oil prices will support European ferry and cruise ship operators' revenues and profitability over the next 12 to 18 months, in turn strengthening their credit quality, says Moody's Investors Service in its first report on the sector.
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