OceanX: All eyes on ILA strike as rates continue to drop and China regains pride
It’s hot out there
Good afternoon everybody: the summer remains hot, the economic outlook is a mess and the shipping environment is challenging for anyone not receiving a liner bonus. Enjoy the reads.
1) Gold Medal: Taxman power full on.
Top spot on the podium surely goes to the taxman – he needs it sometimes.
The subject of tonnage tax is still on – first flagged by Premium in March… 2021! – as the Q2 results of the liners have been stunning and it becomes increasingly obvious that ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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