Now Available: Brazil Shipping Report Q2 2014
BMI's outlook for the Brazilian shipping industry remains strong with very healthy rates of growth expected in 2014 at the country's two largest ports, Santos and Salvador (double-digit at both). However, while stronger-than-expected GDP data in the year-to-date has seen us upgrade our 2013 real GDP growth forecast moderately, we believe the economic recovery is unlikely to accelerate further in 2014.
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