Post-Brexit, UK may become more shipping-friendly
The policies binding the industry have for the last 40 years been cobbled together by Brussels lawmakers, who give an ear to strident environmental lobbies
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THIS is not the column I was expecting to write for this week. Last Thursday's shock vote by the UK's electorate to leave the European Union (EU), however, will have implications for the global shipping industry.
The vote is an instruction to leave a project to which the UK government has firmly committed - and it will have to be delivered by a parliament that is overwhelmingly pro-EU, as is a majority of Britain's political class.
As demonstrated by Prime Minister David Cameron's announcement of his intention to resign, the UK is now set for a period of considerable political upheaval.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance