Clarksons estimated shipping needs $1.4 trillion over the next decade

Clarksons said the figure is a rough estimate of the cash the industry will need between 2014 and 2023. Shipping needs the investment, but where will the money come from?
Unfortunately shipping's financial story remains a bit patchy, but the reassuring lesson of the 1990s is that there’s always someone who will find a way to do the business. Who will it be this time?”
Clarksons estimates around $760bn will be required over the next decade to replenish and grow the core fleet. LNG, cruise ships and offshore assets account for the balance. Clarksons notes that in the 1990s, when loans were hard to find given the arrival of Basel 1 regulations, shipping was expected to need a collective $200bn. Actual spending reached $340bn, with the money “miraculously appearing” thanks to syndicated and club deals, the capital markets and the German KG system.