ShippingWatch

Bimco: Brexit is bad news for free trade

It is too bad that the European politicians will now have to use their energy on getting Europe back on track politically rather than their energy improving the European economy," says Bimco chief analyst Peter Sand.

Photo: LEFTERIS PITARAKIS/AP/POLFOTO/Arkiv

The British EU exit is fundamentally bad news for international shipping, says Peter Sand, chief analyst at international shipping organization Bimco.

"Shipping does not need uncertainty concerning developments in European politics, and as such it is too bad that the European politicians will now have to use time and energy on getting Europe back on track politically rather than their energy improving the European economy," Peter Sand tells ShippingWatch.

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