LatestInOn the record
TRACKING 57522 EVENTS · 9294 SOURCES

Consultative Shipping Group

ON THE RECORD · 16 verbatim quotes · every quote source-verified

for developing and upholding common standards.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The group said existing international rules need enforcement across jurisdictions alongside political support for developing and upholding common standards.

verbatim, matched to source CNBC
an unregulated shadow fleet … of hundreds of ships operating outside of standard insurance, safety and transparency frameworks

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG warned that an unregulated shadow fleet of hundreds of ships is operating outside standard insurance, safety and transparency frameworks.

verbatim, matched to source CNBC
signals of a structural shift in the operating environment of global trade.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

CSG members said geopolitical pressures on shipping were not episodic shocks but signals of a structural shift in global trade.

verbatim, matched to source CNBC
The result is a two-tier system, one governed by rules, the other by opacity, ultimately weakening both.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG said the result is a two-tier system, one governed by rules and the other by opacity, ultimately weakening both.

verbatim, matched to source CNBC
Fragmentation in rules leads directly to fragmentation in markets and ultimately to higher costs for businesses and consumers,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG warned that fragmentation in rules leads to higher costs for businesses and consumers.

verbatim, matched to source CNBC
raise uncertainty and add friction to global supply chain efficiency,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG warned that maritime supply chains have faced repeated disruptions from events like the Covid-19 pandemic, the war in Ukraine, drought in the Panama Canal, and the U.S.-Iran war.

verbatim, matched to source CNBC
Sovereignty, resilience and prosperity rely on partnerships and practical cooperation and coordination to preserve an open global trade system.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

CSG members said sovereignty, resilience and prosperity rely on partnerships and cooperation to preserve an open global trade system.

verbatim, matched to source CNBC
Without maritime trade, supply chains would fragment and the global economy as we know it would come to a sudden halt,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG noted in a joint statement that more than 80% of global trade is transported by sea.

verbatim, matched to source CNBC
Strong international cooperation is not a constraint on sovereignty; it is a prerequisite for effective governance in an interconnected world,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG said strong international cooperation is a prerequisite for effective governance in an interconnected world.

verbatim, matched to source CNBC
Allowing fragmentation to deepen, undermines the global rules-based maritime framework and increases the risk of disruptions at key maritime chokepoints,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG warned that allowing fragmentation to deepen increases the risk of disruptions at key maritime chokepoints.

verbatim, matched to source CNBC
actively support and uphold the core principles governing shipping,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The group called on maritime nations to actively support and uphold the core principles governing shipping.

verbatim, matched to source CNBC
This creates parallel systems within global shipping, increases risk, and bypasses environmental and safety standards, undermining trust and predictability in maritime markets,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG said the shadow fleet creates parallel systems within global shipping and bypasses environmental and safety standards.

verbatim, matched to source CNBC
Global shipping works best when rules are clear and consistent around the world,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The coalition said that global shipping works best when rules are clear and consistent around the world.

verbatim, matched to source CNBC
Uncertainty about future access to ports or routes can affect long-term commercial planning. When countries begin to pursue diverging approaches, regional initiatives or stalled multilateral processes weaken the coherence of the system.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The coalition warned that diverging national approaches and stalled multilateral processes weaken the coherence of the global shipping system.

verbatim, matched to source CNBC
Shipping routes are increasingly instruments of leverage and risk,

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

CSG members said shipping routes are increasingly instruments of leverage and risk.

verbatim, matched to source CNBC
As the closure of the Strait of Hormuz demonstrates: When shipping supply chains fragment, the global economy fragments with it.

Consultative Shipping Group · said 2026-09-08 · reported 2026-09-08

The CSG pointed to the closure of the Strait of Hormuz as demonstrating that when shipping supply chains fragment, the global economy fragments with it.

verbatim, matched to source CNBC
Quote copied with attribution