'Opportunistic' takeover bid for UK Royal Mail rebuffed
UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire ...
If, by pure chance, you bumped into the end-2021 adjusted ebitda line of Zim Integrated Shipping Services (ZIM) – expected to be up to a mighty $6.4bn for the year – you may be forgiven for thinking you were looking instead at the corresponding figure for AP Møller-Mærsk (APMM) in 2019* – which, in turn, was a lot more than the Danish group made in 2018.
(*That is: including non-shipping activities, $5.9bn ebitda, with 708 chartered/owned vessels versus $3.8bn, with 710 vessels in 2018)
With ...
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
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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