Category: Print magazine

The maritime community never tires of emphasising the importance of free sea routes and global trade. Without free maritime trade there can be no prosperity, without free sea routes there can be no security. Behind these political aspects, however, we must not overlook the fact that we are dealing with extreme logistical, technical and financial dimensions. It is also about power, profit, jobs and prestige. Ships are becoming ever more gigantic, the cargoes ever larger. Competition is fierce and profit margins are small. Precarious jobs, dubious loading practices, terrorism, smuggling and neglected environmental protection are the downside of prospering world trade. Does profit come before safety? Heavy losses in the...