While I was dithering, these shipping shares set sail without me

ILLUSTRATION BY PETE BAKER

Tomorrow will mark the 219th anniversary of an event that affected Britain’s relations with the rest of Europe even more profoundly than the Brexit vote. Few schools celebrate the Battle of Trafalgar these days but every ship in the Royal Navy still does on October 21, because it exemplifies a time when Britain really did rule the waves.

More importantly for investors today, more than 80 per cent of all international trade continues to be transported by sea and several businesses in this sector have shares listed in London. Investors’ money can make a difference by helping to capitalise the transition to low-carbon renewable fuels to replace filthy bunker oil. Better still, shipping can deliver buoyant dividend income and capital growth from all over the

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