
Eighteen of the world's leading maritime nations have warned that the rulebook under global shipping is eroding
In a statement titled In defence of free shipping, the Consultative Shipping Group, whose members include Greece, Japan, South Korea, Singapore, Norway, Denmark, Germany and the United Kingdom and together carry more than a fifth of world trade by tonnage, described wars, chokepoint disruption, shadow fleets and discriminatory trade measures as a structural change rather than a bad run. It called for consistent application of the law of the sea rather than new regulation, singled out the growth of a shadow tanker fleet estimated above 1,500 vessels, and warned of "a two-tier system, one governed by rules, the other by opacity".







