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Why Geopolitics Matters to the Global Shipping Industry

May 23, 2018 | 09:00 GMT
A picture shows a sprawling docklands stacked with shipping containers.

A decade after the global financial crash precipitated a crippling overcapacity crisis, the global shipping sector has been struggling to recover. 

(JOHANNES EISELE/AFP/Getty Images)

Global shipping is a behemoth of an industry. It has a direct and indirect economic impact of more than $400 billion annually, and more than $4 trillion worth of goods move by sea freight each year. But it's also a delicate sector, closely tied to the health of major economies, prone to cyclic swings and vulnerable to the world's reaction or overreaction to any number of political events....

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