Cambodia-Thailand spat sees land border closed, but ports remain open
Cambodia and Thailand’s ocean-based trading links appear to have remained open, despite a deteriorating political ...
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
If you want to know why shipping so urgently needs European governments to sort out the worsening migrant crisis in the Mediterranean, look no further than this account of a Maersk vessel coming to the aid of yet another unseaworthy boat of migrants trying to reach the shores of the EU. The law of the sea is that any passing vessel has to help if it finds another in distress, but the monumental costs of adhering to this law – and we are in no way suggesting anyone should do otherwise – in what is effectively a symptom of a much deeper social problem cannot be borne indefinitely. Something has to give, sooner or later.
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