High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
LONDON, Oct 19 (Reuters) – British Prime Minister Theresa May stressed the importance of international maritime law in a meeting with Chinese Premier Li Keqiang on Friday, May’s office said in a statement.
“The Prime Minister reiterated the UK’s firm commitment to the rules-based international system, including the importance of freedom of navigation and maritime security, in line with international law,” the statement issued following a meeting in Brussels added.
Last month, Beijing expressed anger after a British Royal Navy warship sailed close to islands claimed by China in the South China Sea, saying Britain had engaged in “provocation.” (Reporting by William James and Alistair Smout; editing by Stephen Addison)
(c) Copyright Thomson Reuters 2018.
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