High Seas Troubles Affect Global Supply Chains, Part One: Security Risks
Enterra Insights
FEBRUARY 20, 2024
That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.
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