Against the odds: Up in (northern) lights – Part 2
At a time when alternate routes have been touted, the only real ‘sure things’ are…
As I sat in my oval office in the wee hours starting to write a very nasty note – the obvious intended angle being to slam a catchy report* published this week – luckily my subconscious drifted away.
(*Quoting analysts who argued that AP Møller-Mærsk (APMM) has a $20bn “war chest”; with me looking for evidence to explain why a fourth of that, assuming certain trends for bunker costs/freight rates/others, could be top end as oil prices storm ahead of fundamentals. Never mind?)
Ahead of ...
Lengthy wait for cargo as Ever Given owner declares General Average
Anger as Maersk suspends contract bookings, sparking scramble for capacity
Anger as SCA arrests Ever Given and submits $916m compensation claim
Hong Kong Air Cargo ban on Vivo phones after pallets catch fire at airport
Ripples from Suez ending in waves of price rises on all container tradelanes
UPDATE 2: Philippines vs China – the South China Sea dispute
Now US intermodal rail yards clog up as port congestion and delays continue
Shipping rates rocketing again, with contract talks 'a game of musical chairs'
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