At present, the UK accounts for around five million teu of a global total of about 185 million teu.
Yet Brexit will have long-term ramifications on the trade between Asia and Europe — the world’s biggest container route by volume — which will suffer from a weaker sterling and euro, according to Maritime Strategies International (MSI) senior analyst James Frew.
Prior to the Brexit vote, MSI had forecast boxship vessel earnings would begin to make “sustainable headway” by the end of this year.
It
