Trigunian sanctions: shipping industry takes a hitDecember 5339 - With Dorvik and Lourenne joining the fray of international sanctions against Trigunia, companies like Hadayim and Birco scramble to meet with Trigunian officials to assess the state of maritime trade on oil and gas distribution- Hadayim to partake in petroleum refinement investments in Brakav, in an effort to reinvigorate Trigunia's flailing oil and gas industryTel Bira, Beiteynu - Albeit the landscape having largely shifted since the beginning of the century, with the Lourennais and Dorvish alliances and the collapse of commercial relations with Trigunia since the beginning of the latter's downfall in 5310, the shipping industry's interests in Neftkomp's oil and gas distribution is the single most noticeable area which keeps trade somewhat "alive" with the former Keris hegemon, almost 30 years later. Ultimately, the abandonment of Keris and the Beiker Agreement and the "shift of focus" of the Beiteynuese Government to the continent of Seleya is what essentially solidified the drop in trade with Trigunia, a rather contrasting image when compared to the Olami Trade Association's initial projections for 5350, back when the Beiteynuese - Trigunian relations were at their peak and looking vastly promising. The collapse of Sholemberg Sealines in
5311, just a year after Neftkomp "closed the pumps" when its facilities got attacked and the government was almost toppled, was the final nail in the coffin of Beiteynuese - Trigunian commerce. Instead, Beiteynuese trade has picked up with Dankuk and Lourenne, with Seleya trailing behind from the recent expansion efforts of the shipping industry. The steady and unobtrusive demeanour by Kasaema has also boosted investor confidence to such a degree that Kundrati imports are close to matching the Dorvish.
Early on in the
5320s, it was evident that the Keris game was over. The shipping industry continued to place its trust on the long-standing relations of a rising and serious Kundrati and largely migrating to the continent of Seleya under the guise of one of the most historic agreements that redefined Beiteynuese commerce across Terra: the Beiteynuese - Lourennais Alliance Agreement. Eroncourt's gravitas and Dankuk's stability made both countries the pillars of the shipping industry's operations in Seleya, evidently solving the problem of a "missing connection", which Trigunia eventually failed to achieve.
Thus, Kundrati, Dankuk and Lourenne became the industry's major centers.
Sholemberg, Beiteynu - The shipping industry's activity in Keris, although on the lower end comparatively speaking, still mostly revolves around Neftkomp's oil and gas maritime distribution, a deal signed back in
5273, which to this day, the shipping industry continues to own around a 6.2% marketshare of. There are still other products moved between them, but under a steadily decreasing manner as Lourennais, Dankukian and Kundrati trade continue to pick up momentum along Seleya's finest consumer goods. The latest Dorvish and Dundorfian agreements - with the latter going through Dorvish and Kundrati ports - have expedited the increase of Artanian trade, in equal measure. However, almost all of Beiteynuese - Trigunian trade, including oil and gas distribution, goes either through Kundrati as a resting port, offering millions in revenue, or to Dankuk, a fact that somewhat explains the "hesitancy" of both countries in aggressive sanctions. Almost all of the shipping industry's activity in Artania and Dovani is rooted in Kundrati and Dankuk, respectively.
Two of the industry's major investors are after all, Ashalon Bank BEIFG, and its buddy from Kundrati: Tomasadyn National. While Kundrati's shipyards witnessed one of the most remarkable industry growths in recent history, they rely on the joint efforts of the defence and shipping industries of both countries to prosper. Third-party sanctions to a third-party point in the network, albeit its minuscule area of effect, has made financial and shipping executives alike to give it a second thought, before opening up their wallets - a "drop in financial confidence" adds to the "shipping hit".
In all of this, the "Big Three" have become almost a household name in largely shaping the Beiteynuese shipping industry, a premier sector in the country's commerce that drives momentum to other industries, such as finance. Wherever Beiteynuese shipping is, other companies follow. Beiteynuese "tactics" have been dubbed in the past as a "house of cards", considering how a geopolitical "puff in the wind" might "break the machine". The landscape change combining 2 strong alliances, 1 solidified partner (Dundorf), 1 rising partner (Kundrati), the massive expansions in Seleya and the abandonment of Keris over the course of the last 3 decades played a pivotal role in largely shielding the industry from the recent sanctions against Trigunia.
Except on oil and gas distribution.
Hadayim immediately jumps to the forefront of the latest events, not only for owning the biggest piece of the pie in international trade but also for being the shipping industry's most vested company in Neftkomp's 6.2% marketshare in oil and gas distribution. Although Hadayim does not fall under the same category of volume, the last time Trigunia was embroiled in a crisis, a major shipping company shut its doors. As these sanctions begin to unfold and make an impact in the global trade network - in direct and indirect ways in equal measure - Hadayim's and Neftkomp's executives scramble to assess the situation and figure out more permanent, stabler and long-standing solutions to the production and distribution of oil and gas, Trigunia's traditional economic powerhouses.
The shipping industry has amped up its lobbying efforts for the Beiteynuese Government - which has remained silent on these sanctions thus far - to involve itself in a remediating manner with the Trigunian Government: "find a way to fix this, or we're out", was the comment of Hadayim's CEO this morning.