February 9, 2024 - By: Viktoriia Mikhalchuk
What will the shipping market look like in 2024? Industry Reports and Expert Opinions
The last few years have been fast paced for the shipping industry. From the rise in interest rates in early 2022 to the lowest level this year. Will parking be reactivated by 2024? Common sense is not entirely absent, but common sense is not. Meanwhile, there are many other influential factors that will play out before 2024, including interest rates, environmental regulations and geopolitical uncertainty.
Here we take a brief look at what will happen in the shipping market in 2024 based on a series of industry reports and expert opinions. We believe a major rise in interest rates is imminent.
The main reason for this is simply the balance between supply and demand.
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