Bulletin Updates
Global markets and shipping industry update – 29 Mar 2023
Mar 29, 2023
Central banks have been raising interest rates to combat inflation, with several banks tightening in recent weeks. Commodity markets are experiencing increased volatility due to geopolitical concerns and the push for low-carbon energy. The European Parliament and Council have agreed to reduce ship emissions by 80% by 2050. Dry S&P activity has picked up, with Greek buyers being major players in the market.
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