Shipping companies see potential for ‘friend-shoring’ as geopolitics reshapes trade

A shift of production activities away from China towards other countries around the world may even increase demand for vessels, industry watchers say.

Less China does not mean less containers, says Constantin Baack, chief executive of MPC Container Ships (MPCC).
Less China does not mean less containers, says Constantin Baack, chief executive of MPC Container Ships (MPCC).Photo: Capital Link
Published 5 June 2023, 03:39Updated 5 June 2023, 03:39