“A lot of people are going to wake up to the fact that maritime trade is of great value and has to be protected,” says Steven Wills of the Centre for Maritime Strategy, an American think-tank. Even in a world criss-crossed by pipelines, lorries, trains and cargo planes, ships still carry about 85% of the world’s exports by volume, according to Clarksons, a shipping broker (or 55% by value, since a mobile phone or gold bar shipped by air is worth much more than a lump of coal in a bulk carrier). That trade is menaced by new dangers.
Center for Maritime Strategy
Dr. Steven Wills
External Source: The Economist
“A lot of people are going to wake up to the fact that maritime trade is of great value and has to be protected,” says Steven Wills of the Centre for Maritime Strategy, an American think-tank. Even in a world criss-crossed by pipelines, lorries, trains and cargo planes, ships still carry about 85% of the world’s exports by volume, according to Clarksons, a shipping broker (or 55% by value, since a mobile phone or gold bar shipped by air is worth much more than a lump of coal in a bulk carrier). That trade is menaced by new dangers.
The full article is available at The Economist
Dr. Steven Wills, Navalist