Two winners from the Red Sea crisis: the shipping lines and Houthis
“Vessels ‘go dark’ to avoid Houthi attacks,” blared headlines as 2024 kicked in, and commercial ...
There is a comprehensive chart – headed: “Junkiest junk rallies” – you shouldn’t have missed this week that has little to do with shipping at first glance, and is here below.
Or does it?
As CCC yields hit their two-year lows, enter the magic two lagging in the top five container shipping circles right behind larger competitors Maersk Line, COSCO Shipping and MSC.
Rising up in the credit rating grid, CMA CGM (rating confirmed, outlook changed) and Hapag-Lloyd (rating upped) both still rate ...
Comment on this article