Global navigation rules face collapse
The article reviews warnings from the world’s greatest maritime nations that global navigation rules are under threat of collapse due to wars, and that a shadow fleet operating outside Western oversight jeopardizes the stability of international maritime trade. The statement clarified that the fragmentation of supply chains and the halt of maritime trade flows could suddenly bring the global economy to a standstill, amidst escalating geopolitical challenges such as the battle for control over the Strait of Hormuz and the growing role of the shadow fleet resulting from sanctions. Experts affirmed that the fragility of the maritime trading system is increasing, with ships becoming more targeted in global conflicts and the size of the unregulated tanker fleet growing significantly, posing a serious threat to the security and stability of international maritime commerce.
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