The container shipping industry should benefit from a rise in world economic growth predicted by IMF (IMF) for both 2018 and 2019 , according to Sand of BIMCO. Therefore, the Euro area has signalled expansion in every consecutive month over the past 55 months. The IMF published its World Economic Outlook for 2019 , revising upwards its predictions for growth by 0.2% for 2018 , coming from higher growth in advanced economies, which are now expected to grow by 2.3% in 2018 and 2.3% in 2019 . Given that growth in advanced economies produces the highest trade-to-GDP multiplier, if the economy grows as predicted, the container shipping industry should fare well, said Sand .
The container shipping industry should benefit from a rise in world economic growth predicted by IMF (IMF) for both 2018 and 2019 , according to Sand of BIMCO. The IMF published its World Economic Outlook for 2019 , revising upwards its predictions for growth by 0.2% for 2018 , coming from higher growth in advanced economies, which are now expected to grow by 2.3% in 2018 and 2.3% in 2019 . Given that growth in advanced economies produces the highest trade-to-GDP multiplier, if the economy grows as predicted, the container shipping industry should fare well, said Sand .