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Nordea: Shipping benefits from elections in the US and China

The first reports from the new presidents of the United States and China, respectively, bring good news for the world’s free trade, and thus the shipping industry’s need for more transport, says Nordea to ShippingWatch.

Chief Economist at Nordea, Helge Pedersen, estimates that the election of US President Barack Obama, and China’s future president, Xi Jinping, was the best thing that could happen for international commerce, the shipping industry included.

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