'Overcapacity will persist, prompting more scrapping and slow-steaming'
Overcapacity will persist next year and, along with stricter environmental regulations, will prompt more scrapping ...
Another executive at a major freight forwarder was surprised – “this is complete news to me” – while a third one said: “I heard nothing, and sanctions would not make a lot of sense unless Cosco management has done something illegal.”
I am still waiting to hear from my Cosco sources.
Possibly the final word of encouragement came from senior sources with insight in Asian affairs, who commented: “Crazy”, and soon after added: “So far, no spillover from the tanker story”. Other ...
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Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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