China wants a seat at the table that decides which ships can sail

AI Summary

China P&I is seeking to join the International Group of P&I Clubs, which plays a major role in insuring global shipping. The bid would extend Beijing’s maritime influence into the insurance framework that can shape which vessels are able to sail.

China P&I’s bid to join the International Group of P&I Clubs extends Beijing’s maritime strategy from hulls and harbours into the insurance layer that has become the West’s most effective lever over global shipping. The post China wants a seat at the table that decides which ships can sail appeared first on Container News.