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 ...
Now, I don’t know if this earnings season has been good so far because oil prices plummeted, or because supply chain affairs may have become easier to predict after AP Møller-Maersk Group (APMM) and Hapag-Lloyd didn’t deliver any nasty surprises earlier this month. But I know that CMA CGM’s third-quarter update, due today after the bell, could be the long-awaited cherry on the cake in container shipping.
Growth should be present, and lots of it ? but there are several ...
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