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BOAT - Global Shipping Outlook: Rebalancing With Reshaped Routes
SonicShares Global Shipping ETF
The shipping sector faces another extraordinary year, with ongoing supply chain frictions and the reshaping of routes in dry and liquid bulk markets following the war in Ukraine.
Trade growth will be limited, but longer distances are a mitigating note and LNG shipping will benefit.
Several European countries are highly dependent on Russia for natural gas supplies and are rushing to reduce this dependence.