Shipping caught in the crossfire of world trade war and Brexit

The trade war uncertainty and the geopolitical changes have hit all shipping sectors especially the container segment. The trade war is
still a drag on global shipping demand as is the increased nationalism that works against globalization.
According to a recent BIMCO shipping market insight US inbound is expected to suffer in H1-2019 from H2-2018 stocking up and significant
slow growth on Far East – Europe is also expected for the 4th year in a row. It must be noted that 58% of US seaborne imports from China are
affected.
Full article, ELNAVI April 2019, Issue 544, Page. 6

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