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المشهد العربي
Global alerts on shipping sector splits
An international advisory group’s report highlighted the risk of fragmentation in the maritime transportation sector into two separate systems: one committed to regulatory compliance and transparency, and the other operating in an opaque environment and violating rules. This division threatens market stability and confidence. Maritime transport accounts for over 80% of global trade and faces numerous disruptions due to crises like the COVID-19 pandemic, the conflict in Ukraine, the Panama Canal crisis, and tensions in the Gulf. The main warning is that some ships’ preferences to avoid sanctions and the spread of unregulated fleets are exacerbating the problem of parallel systems, posing significant environmental and safety risks, and complicating market outlooks and trend analysis in the maritime industry.
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