December 2016 - Kemplon Engineering

Monthly Maritime News Roundup: November, 2016

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^ Image “News Map Shows Worldwide Journalism Or Media Information” courtesy of Stuart Miles at FreeDigitalPhotos.net

November, 2016 may have already come and gone, but this month’s dramatic events signal changes that have just begun. Kemplon Engineering takes a look back at some of the industry’s major news and developments, in this edition of the Monthly Maritime News Roundup:

November kicked off with the surprise victory of Donal Trump as president-elect of the United States of America. With his campaign promises slanted toward protectionism – championing local manufacturing, railing against the outsourcing of jobs to cheaper foreign markets, criticizing international trade agreements like the NAFTA, calling for China to be labeled as a currency manipulator, etc. – there may be some uncertainties on the horizon for the maritime industry, notably with shipping which is impacted by trade, as well as in defense which is impacted by foreign policy. Read More