LONDON (Bloomberg) — Confidence within the shipping industry stayed unchanged in November, a survey by consultants Moore Stephens LLP found.

Overall confidence was at 5.7 out of 10, the same as in August, according to the survey, UK-based Moore Stephens said in an e-mailed report.

The biggest concern for respondents was an excess in the number of ships being constructed, the adviser to shipping and insurance companies said.