BBG: US real yields pose risks to oil rally
Bloomberg’s Nour Al Ali reports: While there are many reasons to be bullish on oil, a contrarian ...
There is no denying that low oil prices have made a significant mark on the freight sector. It has saved some carriers, boosted others with older, less-efficient ships and planes, lowered the barriers to market entry and disguised finances during the time lag between cost to carrier and cost to customer. Surprisingly perhaps, it has been something of a mixed bag. But as prices begin to climb, Goldman Sachs warns that if OPEC fails to reach a deal in Vienna this month to restrict supply, and bring in more rogue countries, prices could sink back to the low $40s.
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Forwarding M&A round-up: plenty of action making smaller headlines
ONE becomes joint-owner of Seaspan Corp in $11bn takeover
Some ocean trades stabilising, but transatlantic rates still falling
DB Schenker sale – storm clouds gathering
Another rail strike in Germany to add to European freight troubles
Maersk 'on a journey' as it snaps up frozen foods logistics specialist
Maersk says posted data is not current and not from attack by hackers
Older freighters look set for the scrap heap as capacity oversupply looms
Shippers reject carriers' opposition to ending anti-trust rules
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