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New informal trading blocs are likely to emerge in South Asia, centred on India or a major ASEAN country such as Indonesia. Russia’s preferred strategy will be to refrain from joining any single «constellation,» maintaining equidistance from the EU, China, and the new Asian hubs
The half-year health check on the state of the maritime markets finds shipowners in a better place than they anticipated 12 months ago. While tankers will have to wait for a meaningful vaccine-led recovery, box and bulk are booming.