Transatlantic shipping is in the middle of a slowdown that is “a lot to do with recession fears, protectionism in the U.S. and Brexit” according to Emanuele Grimaldi, an investor in the Grimaldi shipping group. Vehicle shipping from the EU to the U.S. faces two major challenges. U.S. auto sales of foreign vehicles dropped by 13.7% year over year in September and fell by 1.5% in 3Q. There’s also the prospect of the U.S. applying section 232 “national security” duties to EU auto exports from mid-November which could be “a big challenge”, Grimaldi has stated. While Grimaldi’s ACL only repre...