Shipping Market Review and Forecasts

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Shipping Market Review and Forecasts While Covid-19 has had major impacts across the shipping industry, some sectors have been further affected like car carriers (Ro-Ro), with trade falling more than 60% y-o-y. As previously written (Nov. article) we ‘re past the negative peak, and although uncertainty remains, the world community expects significant improvement for 2021…

Shipping review and highlights

Article

Shipping review and highlights The Covid-19 pandemic has had a dramatic impact on the shipping markets this year. Although there were some signs of improvement a few weeks back, shipping experts are warning for a bumpy road ahead. Shipping is accustomed to a long history of managing disruption and constant market cyclicality. Projections suggest that…