OneGlobal Shipping Market Report for October 2023

Capt. John
Credit: Vidar Nordli-Mathisen on Unsplash

The attack by Hamas on Israel in October 2023 led to uncertainties in the oil supplies and global economic risks. The WTO reduced global trade projections, and during this time Chinese investors divested US assets at a four-year high level. Various developments were witnessed in the maritime and energy sectors including LNG and maritime industry changes.

Economy:
  • There is increasing concern about global oil supply due to the Hamas attack against Israel.
  • Wo...

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