Erik Solum, Wallenius Wilhelmsen’s head of the global market insight team, is cautiously optimistic when looking at the various factors affecting the RoRo industry in 2023. “Yes, the global economy is facing slowing growth; there is a strong likelihood of recessions in Europe and the US. High inflation and rising interest rates contribute to the financial turbulence. Yet, the outlook for the RoRo shipping industry is more positive as we still see pent-up demand for light vehicles. We also expect the high and heavy segment to remain solid,” says Solum whose long list of risks also include Russia's war with Ukraine, inflation including high food and energy prices and the lingering COVID-19 pandemic. (....)