Shipping industry struggles with oversupply and IMF cuts trade growth forecast

Capt. John

The shipping industry is faced with the adverse situation of a slowdown in trade growth following concerns over oversupply of vessels. As ships ordered during the boom period are being delivered, there are predictions that freight rates will show weakness, and if the uncertainty of trade policies...

https://www.hellenicshippingnews.com/shipping-industry-struggles-with-oversupply-and-imf-cuts-trade-growth-forecast/

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