Shifting Tides of Global Trade

This chapter delves into the evolving landscape of global trade, with a particular focus on the port of Rotterdam and the challenges it faces due to stagnant trade growth and overcapacity. It explores the implications of manufacturing relocation closer to markets, driven by changing consumer preferences and competitive pressures from subsidized Asian shipping companies. The discussion also emphasizes the impact of external factors like trade wars and protectionist policies on the recovery of global demand and shipping efficiency.