Richard Meade

Richard Meade, editor-in-chief of the maritime publication Lloyd's List, explained that the recovery of oil flows reflects the acceptance by operators of higher costs and more complex logistics operations, and not an improvement in navigation security. #StrâmtoareaOrmuz #ExporturiDePetrol #SecuritateMaritimă (translated)

New routes are emerging, cargo is being redirected, risk is being assessed and absorbed. The danger lies in the assumption that resilience means safety. And this is not the case. Oil flows have recovered because market participants have accepted greater operational complexity and higher costs. The underlying threat remains – assesses Richard Meade, editor-in-chief of the industry magazine "Lloyd's List." #transportropy #BliskiWschód #konfliktyzbrojne (translated)