Jonny Fry Posted

Global shipping and the role of Blockchains

The International Chamber of Shipping, based in London, estimates that the global shipping industry which is responsible for moving approximately 90% of goods around the world, generates $half a trillion of turnover p.a. There is a fleet of 50,000+ merchant ships registered in over 150 jurisdictions and crewed by 1 million sailors. It is, without doubt, an industry that we all rely on for the goods we purchase but pay little attention to on a day to day basis.

However, one set of statistics that many fund managers do monitor, as it gives an indication...