Comment / OceanX Radar: Measuring forwarding margins; Hormuz halted; Net Zero numbed

ID 142326226 © Timur Konev | Dreamstime.com

“Markets are starting to treat wars less as shocks and more as recurring events,“ a recent Julius Baer report says, adding: “Supply chains have once again proved more adaptable than the doomsday scenarios implied.“ 

We do seem to be getting used to Perma-Disruptions, and indeed our industry thrives on them, since end-consumers’ lives have so far seen little interruption beyond some more inflation. In any case, day 65 and no progress on the Hormuz front, still neither side has blinked. On ...