Shipping Nations Warn Global Trade Is Fracturing — And Everyone Pays
6 Articles
6 Articles
Shipping Nations Warn Global Trade Is Fracturing — And Everyone Pays
The armed conflicts, trade wars, and extreme weather events hammering maritime supply chains are not one-offs, but rather signs of a “structural shift” for global trade, 18 of the most important shipping nations warned on Tuesday.
18 shipping nations warn of structural shift in global maritime trade
Eighteen major shipping nations have warned that global maritime trade is undergoing a structural shift as conflicts, trade restrictions and growing fragmentation put pressure on established shipping rules. The Consultative Shipping Group (CSG) said recent disruptions should no longer be viewed as isolated events. The group pointed to the Covid-19 pandemic, the war in Ukraine, drought in the Panama Canal and conflict in the Middle East as exampl…
The world's largest shipping nations are warning that the rules governing global shipping are about to break down. - Regulation of global emissions could collapse, says Maritim CleanTech.
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