With global shipping rates dropping dramatically, do you think the shipping industry is going into a recession?

True, shipping industries faces some troubles but it will affect only the big carrier because of their overhead and investment but the medium and small size company can adapt to this new situation easily and still make money.

No the shipping industry is not really in recession

ٍShipping industry as other different fields of industry sometimes dropping down but that doesn't mean it is going  into a recession. because shipping is the breath of global industry .

Not really shipping industries will go into recession but there will be high risk for small freight forwarding company to survive in this market with low margin