TEXT-S&P: ports sector ratings depend largely on economy

Oct 8 - Standard & Poor's Ratings Services today said that the fortunes, and
the ratings, of many of the world's ports largely depend on global and regional
economic trends. The report, "Port And Port Infrastructure Ratings Move With
The Economic Tide," published today on RatingsDirect on the Global Credit
Portal, notes that though Standard & Poor's looks at many factors when
evaluating a port's credit strength, the regional economy holds the greatest
sway.

That said, other factors, such as po

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