Comment / OceanX: Rates hold; PIL shines; Mærsk buys share; OOCL in court

Another crazy week over and still no end in sight for the Iran war. One news channel put it nicely, the escort mission “project freedom“ lasted less than a free Netflix trial. Thus, an armada of ships and their crews remain stuck and world trade for commodities out of the Gulf continues to be held hostage.

Elsewhere

British local elections gave prime minister Starmer and the Labour government in the UK a bad whipping; rumblings in the German government around the first ...