Global Shipping Authorities Warn of Maritime Trade Breakdown Amid Geopolitical Turmoil
18 Articles
18 Articles
A group of the world's leading maritime authorities warned in a joint statement that shadow fleets and parallel systems emerging as a result of sanctions evasion are creating a two-tier structure in international shipping, seriously undermining the safety and predictability of maritime trade, CNBC reported.
Economy: Direct. Maritime authorities in 18 countries, today Tuesday, warned that geopolitical disturbances and networks to circumvent sanctions threatened to rip apart global maritime trade, warning of...
Maritime authorities from 18 major maritime countries have warned that the international maritime transport system is becoming increasingly fragmented, which could lead to the creation of a kind of "two-track" system. More than 80 percent of world trade is carried out by sea, so the loss of uniform rules and trust between countries could...
The rules governing global shipping are crumbling, warn the world's major maritime powers, due to wars and a growing fleet...
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