Shipping has faced challenge after challenge in recent history, from IMO2020 regulations, the blockage of the Suez Canal, congestion, constrained supply chains and the impending environmental regulations such as Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII), reports S&P Global.
Challenges of the shipping industryFor the near future can we expect radical change? Will the market continue to be under extreme pressure? How will demand centers influence rates?
But...
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