Limited Ship Supply Growth Driven By New IMO Regulations To Help Shipping Freight Market Recover In Mid And Long Term

In its latest analysis, S&P Global Market Intelligence, argues that a lack of newbuildings will limit tonnage supply during 2023, thus offering significant support in the freight rate market. Key highlights from the analysis include: • While freight rates are expected to return to the pre-pandemic level in 2023, limited active supply growth driven by …