AIFortuneabout 1 hour ago
Shipping Authorities Warn of Two-Tier Maritime System
5 min read
The Consultative Shipping Group, representing 18 nations including Canada, Norway, and the UK, warned that shadow fleets are creating a two-tier maritime system. These unregulated vessels, which CSG Chair Brian Wessel states now make up 20% of tankers, threaten the 80-90% of global trade conducted by sea.
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