Global shipping under threaten, UN warns

Capt. John

Maritime trade is stronger than it’s been for five years, but “tit-for-tat” tariff battles and restructuring by shipping companies threaten to disrupt its role as a key player in global commerce, the UN said on Wednesday, 10/3/2018.

 The warning from UNCTAD, the UN Conference on Trade and Development, follows a “healthy” four per cent increase in global seaborne commerce in 2017.“While the prospects for seaborne trade are positive, these are threatened by the outbreak of trade wars and increased...

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