Global shipping lanes, from the Strait of Hormuz to the Panama Canal, are increasingly becoming flashpoints for geopolitical rivalries. Conflicts in areas like the South China Sea and the Black Sea are actively rewriting the established rules and norms of international maritime trade. This makes global shipping a turbulent and dangerous arena for international relations.

From Hormuz to Panama, the South China Sea to the Black Sea, geopolitics is rewriting the rules of global shipping.