New world order: Container trade in a time of disruption
Political upheaval is reshaping many existing trade relationships. Britain’s decision to leave the European Union, US president Donald Trump’s Trade War with China and renegotiation of trade deals with Mexico and Canada are working to reshape established alliances and could make the cost of goods more expensive for end-consumers. The re-imposition of US trade sanctions on Iran will have significant consequences for global energy patterns, and containerised goods trades. A steady rise in protectionist regulation is further compounding these forces.
This container report is the first in a three-part series that will consider future global trade patterns in the context of widespread disruption on the global stage that is seeing existing trading alliances tested and new alliances formed. Each report will focus on one of the three core ocean shipping sectors of container, tanker and drybulk trades with a view to exploring new opportunities and emerging risks, be that from changing political alliances, advances in technology, or other transport modes such as road and rail.