15% rebate for box ships as Suez Canal Authority woos carriers
The Mediterranean container trades could be upended once more after the Suez Canal Authority today ...
Hours spent wondering why not all vessels hedge Red Sea risk in the same way, ended up with me talking French roulette* and air freight only a week after the (operational) divorce of the vertically-integrated French carrier from Air France-KLM was disclosed.
(*CMA CGM apparently being one outlier… never mind?)
In a risk-on move where mastermind Rodolphe Saadé (pictured below) is building his own logistics empire, there’s no time even for a fag break ahead of the closing, expected within a month ...
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