Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Container shipping lines are looking for a hike in Asia-Europe spot freight rates, announcing a ...
Something doesn’t look right in CMA CGM’s short-term liquidity profile, given the massive widening in negative working capital since the latest IFRS accounting changes were implemented. That was my key takeaway on Friday when the French carrier reported mixed interim results for the first half (H1) of the year.
Some seasonal factors could have come into play yet, as I first argued on Monday, one scary number stands out in its accounts and that is derived from its net current assets, ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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Alessandro Pasetti
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Comment on this article
Martyn Benson
September 11, 2019 at 6:38 pmAs the well known phrase goes – “No shit Sherlock”.
Gee whiz- That’s an awful lot of words and numbers to come to the conclusion that many already knew five years or more ago.
Ale Pasetti
September 11, 2019 at 6:42 pmHI Martyn, many thanks for your comment. I think you appreciate it’s a completely different situation compared to… 12/18 months ago (if you recall its ’18 numbers), right?
“No shit Sherlock” wouldn’t have pleased the editors, anyway.
Best,
Ale