Maersk APAC CEO Says Freight Rates Are Heading Upwards

The video discusses the recovery of freight rates, the impact of 2016 on the shipping industry, and the balance of supply and demand. It explores the role of shipping alliances, mergers, and acquisitions, particularly the acquisition of Hamburg Süd. The video also addresses the potential impact of protectionism on global trade, emphasizing the importance of globalization and the vested interest countries have in growing global trade.

Discuss the implications of protectionism on global trade as mentioned in the text.

What are the expected trends in global trade and shipping for the coming years?