On Tuesday, 18 major global shipping nations warned that the disruptions to maritime supply chains caused by ongoing armed conflicts, trade wars, and extreme weather are not isolated incidents, but rather signs that global trade is undergoing a structural shift.
The Consultative Shipping Group—comprising nations such as the UK, Germany, South Korea, Canada, and Singapore—issued a rare joint statement via the Danish maritime authority, noting that shipping routes are increasingly being used as tools of pressure and have become sources of risk.