Maersk raises surcharges as Red Sea risk expands and costs mount
Last week, Houthi chief Abdul Malik Al-Houthi said there would be a stepping-up of operations ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
Geopolitics has hit trade again: Turkey said yesterday it had ceased all business with Israel. The Turkish trade minister announced that all export and import transactions related to Israel had been stopped, for all products. The ban will remain in place until the Israeli government “allows an uninterrupted and sufficient flow of humanitarian aid to Gaza”. Israel didn’t take the news well, according to The Guardian. Turkey last month already announced restrictions on some exports to Israel. The two countries had a trade volume of $6.8bn last year.
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