Trade tensions and likely US tariff hikes may hit global trade, exacerbating the growth challenges faced by European and Middle East seaports, Fitch Ratings said.
A slow recovery in demand for consumer goods is likely to continue in Europe in 2025, supporting the seaport sector, it noted.
The Middle East and eastern Mediterranean face port overcapacity risks as construction outpaces demand growth.
Trade tensions and likely US tariff hikes may hit global trade, exacerbating the growth challenges faced by European and Middle East seaports, Fitch Ratings said.
A slow recovery in demand for consumer goods is likely to continue in Europe in 2025, supporting the seaport sector, it noted.
The Middle East and eastern Mediterranean face port overcapacity risks as construction outpaces demand growth.