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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.
Against the prevailing narrative of the The Belt and Road as a top-down strategy to spread China’s geopolitical influence, there is the BRI’s impact through its first decade as emanating «from the middle out and bottom up» via transport-enabled corridors traversing a large number of regions within and across national territories.