Open for business: Shipping’s transparency revolution
Much of the disclosure revolution is positive and overdue, but this is not a shift that the industry can passively accept unquestioningly. With increased transparency comes complexity and significant risk that needs to be carefully navigated
The colour chart of opaque business practice in shipping comes in an endless range of hues, but a combination of security, financial and regulatory forces have systematically hoisted the industry’s corporate veil and are forcing the industry’s hand into becoming more transparent and accountable
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