Shipping Insight: Who Rules the Waves?
Welcome to the first of our HFW Shipping Insight reports, a series of four publications focussing on a range of issues critical to the shipping industry in 2017.
In the past year, we have all learned to expect the unexpected, with anti-globalisation and populism at centre stage and social media and technology playing a lead role. Uncertainty has followed the systemic shocks of the UK’s vote to leave the European Union and Donald Trump’s first eight months as President of the US. While the global economic challenges have naturally impacted shipping, many commentators are now identifying signs of financial recovery, with freight rates nudging up. As the industry takes stock, we look at whether London will continue to lead in maritime banking, broking, insurance and law and cover the rise of new maritime legal hubs.
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