Shipping News revived

Andrew Craig-Bennett on globalisation - Splash247

" The editor (whom God preserve!) is of the opinion that CK Hutchison’s sale of their ports and terminals operation to a consortium of BlackRock and MSC marks the end of globalisation as an idea which rules our thinking on trade in general and trade by sea in particular, and that the tariffs just introduced by the United States mark the start of a very different set of ideas about trade between nation states.
I am of the contrary opinion. I think free trade, or at any rate WTO trade, will beat tariffs. "

One interesting comment:
" Politicians don’t ‘get’ shipping and the current US government absolutely has no clue about world trade and their weaponisation of Trade Tariffs will be an expensive distraction.

The Good News is that the American public (who have even less understanding of all of this than DJT) may feel the pinch of inflation and vote with their pocket books in the Mid-Terms to stymie any more chaos. Only 600 days to go. "

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PS> With the looming trade war with everybody there many no be much need for ships to call at US ports. :thinking:

China is not taking the US proposed port fee laying down:

No, China will not retaliate with fees against US-built or US-flag ships, since they are nearly non-existent in world trade.

More restrictions on foreign ships calling at US ports could be implemented:

Is a “Three-ring Circus” is setting up it’s big top tent on The Mall?:

And the clowns are ruling the circus. :clap:

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And the big question is:

PS> Splash 24/7 has a new magazine:
As well as markets coverage, this new magazine also covers pressing regulatory issues and likely tech breakthroughs. Click here to access the full magazine.

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Thai shipping company Precious Shipping, is busy in the news today:

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