Will We See a Similar Downturn in the Market as We Did During the 2008 Shipping Crisis?
MTS Logistics
OCTOBER 14, 2022
Since the beginning of that reform in 1978, world trade has increased in volume greatly, and China’s strategy to be the factory of the world changed the world’s view on production. This era, and its prosperity, encouraged people to invest in the shipping market, resulting in more and more ships being constructed to meet the extreme demand.
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