MARKETPLACE The shipping industry continues to expand year after year as countries develop and economies grow. Shipping connects countries, markets, businesses and people efficiently, through complex networks and trade routes. Being the preferred means of transport for businesses, shipping is also highly dependent on the state of the global economy. This, coupled with heavy regulation; the maritime industry finds itself with its own set of industry specific challenges to navigate. Apart from environmental issues, the industry also faces significant concerns relating to health and safety, security/piracy and business conduct/ethics. p 95 MISC BERHAD - Annual Report 2014
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