Staying afloat amid choppy waters

Nazery Khalid, of the Association of Marine Industries of Malaysia, takes a look at the impact of oil price drops on the shipping sector

The slide in oil prices from its historical highs of above US$100 per barrel in 2014 to the current $40 to $50 levels has taken even the most astute analysts by surprise and has had a tremendous ripple effect on players in the oil industry and beyond.