Global trade volumes improved slightly in the first half of the year despite all the negative geopolitical issues. Asia and the US have been the main growth drivers, leaving Europe somewhat behind. We’re not expecting much change for the rest of the year. Trading goods was not an easy job in the first half of the year. While component shortages are resolved in most sectors, shipping reliability is once again challenging. Attacks on merchant shipping led to around 60 per cent of all shipping traffic avoiding the Red Sea and the Suez Canal and instead choosing the longer and more […]
