Shippers may face rough waters, but it's smooth sailing for ports

Bulk ship operators in China shouldn't expect a market recovery soon, and some of them may face liquidity problems, according to a report by the Shanghai International Shipping Institute.

The SISI index shows that the prosperity level of the country's shipping companies in the second quarter dropped 0.1 point quarter-on-quarter to 88.09 points.

With more bulk vessel shipping capacity coming into operation and the international commodity market continuing to weaken since the first quarter, shipping companies' willingness to invest has deteriorated.