Comment / The 'enviable position' of carriers' balance sheets...

ID 4828041 © Julius Elias | Dreamstime.com

Carrier rates-related hysteria has been a dominant factor ever since the Red Sea Crisis unfolded, yet for all the noise made in some circles, certainly not Premium’s, it looks like now is the time to focus, once again, on balance sheets. And fundamentals.

Knowing that, in fact, sea freight rates can (steeply) rise and fall (quickly) but several carriers are (at least partly) hedged against those swings given contractural obligations that, in turn, protect their clients, the shippers, from short-term volatility ...