Financial Times: The battle to control the Strait of Hormuz, the Covid-19 pandemic and the shadow fleet created as a result of US, EU and UK sanctions are not “episodic shocks” but “signals of a structural shift in the operating environment of global trade”, said the Consultative Shipping Group, whose members represent more than a fifth of global trade by tonnage.
The statement is the first public intervention from the CSG since it was established more than 60 years ago. The group’s members include Greece, Singapore, Denmark, Japan, Canada, the UK, the Netherlands and South Korea…