Speaking in Tokyo, the Chairman of the International Chamber of Shipping (ICS), Esben Poulsson, gave emphasis on serious concerns regarding the challenge that the US presented ‘to the proven benefits of multilateralism and the existing global trading order’ .
Mr. Poulsson mentioned that the US has legitimate worries about the policies of some of its trading partners, particularly as far as China and South Korea are concerned, regarding their possible contribution towards overcapacity in shipping.
https://safety4sea.com/ics-chairman-worried-about-todays-threats-to-global-trade/